Fresh Today

Fresh Today

ALEXANDRIA, Va.—Nomura Asset Acceptance Corporation and Nomura Home Equity Loan, Inc. jointly have agreed to pay more than $3 million to settle claims by the National Credit Union Administration alleging the sale of faulty residential mortgage-backed securities to two corporate credit unions, NCUA reported.

WASHINGTON—The Labor Department has asked the U.S. District Court for the Eastern District of Texas to deny a request for emergency injunction in a case challenging the department’s new overtime rule, which takes effect Dec. 1, NAFCU reported.

DES MOINES, Iowa—Ninety-four percent of frequent Internet users say quality content is the most important reason to continue using a website, asserts TMG.