RMBS purchasers lose standing battle in suit against BNY Mellon
2022 SECDBRF 0006
By Nicole Banas
WESTLAW Securities Enforcement & Litigation Daily Briefing
January 11, 2022
(January 11, 2022) - The Bank of New York Mellon has escaped two lawsuits related to residential mortgage-backed securities trusts because a federal appeals court already ruled in a "virtually identical case" that the plaintiffs had no standing to...
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