Agency alleges violations in sale of $3.6 billion in mortgage-backed securities.
December 17, 2012
Legal action is the agency’s largest to date against Wall Street investment firms.Read More
In all, the agency seeks nearly $2 billion in damages via four lawsuits.
August 9, 2011
Five to 10 more lawsuits may follow to recover losses from the purchase of securities that caused the failures of five corporate CUs.Read More
Will the Fed institute QE3, extend QE2, or shrink its balance sheet?
July 1, 2011
Should the Federal Reserve start a new round of quantitative easing (QE3) to ensure the economic recovery, or is it time to let the market determine interest rates and let economic chips fall where they may?Read More
Now more than ever, CUs are looking to investments to reduce excess liquidity.
June 23, 2011
It's easy to get overwhelmed by the time required to choose a quality security. So what can a CU do with excess liquidity?Read More
More than $3 billion in notes are backed primarily by senior floating rate securities.
November 1, 2010
NCUA announced settlement on its initial offering of NCUA Guaranteed Notes, backed by an unconditional guaranty for timely payment of principal and interest.