FEB 1, 2012 12:17pm ET

NCUA 'Disappointed' in Tentative Dismissal of MBS-Related Suit

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NCUA said Tuesday it disagrees with a tentative ruling by a federal judge that would dismiss its suit against RBS Securities in the failure of WesCorp FCU, a ruling that could jeopardize similar suits against JP Morgan Chase, Goldman Sachs and Wells Fargo for the sale of risky mortgage backed securities to five failed corporate credit unions.

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