{"id":2724,"date":"2015-03-28T20:25:41","date_gmt":"2015-03-28T20:25:41","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2724"},"modified":"2015-03-28T20:25:41","modified_gmt":"2015-03-28T20:25:41","slug":"two-big-banks-sued-over-shoddy-mortgage-securities","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/proseaction\/?p=2724","title":{"rendered":"Two big banks sued over shoddy mortgage securities"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.mpamag.com\/mortgage-originator\/two-big-banks-sued-over-shoddy-mortgage-securities-20715.aspx','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/www.mpamag.com\/files\/image\/gavel%20law%20court%20legal%20justice%20fairness(11).jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.mpamag.com\/mortgage-originator\/two-big-banks-sued-over-shoddy-mortgage-securities-20715.aspx\\'&gt;Two big banks sued over shoddy mortgage securities&lt;\/a&gt;A U.S. credit union regulator has filed a lawsuit against two major banks over shoddy mortgage securities they sold during the run-up to the financial meltdown. In the lawsuit, the National Credit Union Administration (NCUA) claims U.S. Bank and Bank of America broke state and federal laws by failing their duties as trustees for 99 residential mortgage-backed securities trusts, according to Reuters.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.mpamag.com%2Fmortgage-originator%2Ftwo-big-banks-sued-over-shoddy-mortgage-securities-20715.aspx\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.mpamag.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Mortgage Professional America&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/www.mpamag.com\/files\/image\/gavel%20law%20court%20legal%20justice%20fairness(11).jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.mpamag.com\/mortgage-originator\/two-big-banks-sued-over-shoddy-mortgage-securities-20715.aspx'>Two big banks sued over shoddy mortgage securities<\/a>A U.S. credit union regulator has filed a lawsuit against two major banks over shoddy mortgage securities they sold during the run-up to the financial meltdown. In the lawsuit, the National Credit Union Administration (NCUA) claims U.S. Bank and Bank of America broke state and federal laws by failing their duties as trustees for 99 residential mortgage-backed securities trusts, according to Reuters.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.mpamag.com%2Fmortgage-originator%2Ftwo-big-banks-sued-over-shoddy-mortgage-securities-20715.aspx\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.mpamag.com\" class=\"media-attribution-link\" target=\"_blank\">Mortgage Professional America<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two big banks sued over shoddy mortgage securitiesA U.S. credit union regulator has filed a lawsuit against two major banks over shoddy mortgage securities they sold during the run-up to the financial meltdown. In the lawsuit, the National Credit Union &hellip; <a href=\"http:\/\/fenello.com\/oldnews\/proseaction\/?p=2724\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-2724","post","type-post","status-publish","format-standard","hentry","category-proseaction"],"_links":{"self":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=2724"}],"version-history":[{"count":1,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2724\/revisions"}],"predecessor-version":[{"id":2725,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2724\/revisions\/2725"}],"wp:attachment":[{"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=2724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=2724"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=2724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}