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Inside MBS & ABS
» New York AG Announces Major Settlement with RBS over Allegedly Deceptive MBS Practices
New York AG Announces Major Settlement with RBS over Allegedly Deceptive MBS Practices
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New York Attorney General Eric Schneiderman this week announced a $500 million settlement with Royal Bank of Scotland to resolve allegations of misconduct in the sale and issuance of non-agency MBS leading up to the 2008 financial crisis.