U.S. District Judge Frees Bank of America Corp (NYSE:BAC) From NSUA Claims
This is a journaltranscript.com article.
by David Riley
Amid growing uncertainty in the market, Bank of America Corp (NYSE:BAC) has something to cherish. As per the reports, a U.S. District Judge in Manhattan has freed BAC from NCUA (National Credit Union Administration) claims. NCUA accused Bank of America along with U.S. Bancorp USB of failure to fulfill their assigned duties as RNBS (residential mortgage-backed securities) trustees.
Piggybankblog Courtroom Bailiff: “All rise! .The Honorable Judge John Wright has left the Courtroom of Public Opinion!”