Nomura Bucks the Norm, Goes to Trial on RMBS Suits With FHFA
March 13, 2015
While most of the 18 financial institutions sued by the Federal Housing Finance Agency in 2011 have settled allegations of securities law violations, underwriting flaws and fraud related to non-agency mortgage-based securities, one bank, Nomura Holding America Inc., plans to take the case all the way to trial.