RBS, Nomura Lose Final Appeal, Must Pay $839M over Mortgage-Backed Securities
HousingWire, June 25, 2018–Caroline Basile
On Monday, the U.S. Supreme Court declined to hear an appeal by the Royal Bank of Scotland Group and Nomura Holdings to overturn an order that requires them to pay $839 million for making false statements while selling mortgage-backed securities to Fannie Mae and Freddie Mac.
