Posted To: Pipeline Press
What do attorneys and judges think of compliance? Here's a nice write up , but it is important that incentives match your company's compliance goals, and vice versa, that you verify what your employees report, and that you train your employees on company policy. If only it were that simple, right? In legal news, Royal Bank of Scotland Group Plc will pay $1.1 billion , without admitting fault, to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. National Credit Union Administration (NCUA) said. The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2cKQcaB
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