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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.

CHICAGO–Another CEO position has been added to the job listings that are part of CUToday.info’s The Gig.

WASHINGTON—The Consumer Financial Protection Bureau, in partnership with the New York Attorney General, has filed a lawsuit in a federal district court against the leaders of an alleged massive debt collection scheme based out of Buffalo, N.Y.

ST. PETERSBURG, Fla.–When Hurricane Matthew struck the eastern coast of the U.S., several PSCU owner credit unions with branches in Florida and South Carolina were able to continue to provide call center services to their members, even though they had shuttered their own operations due to the storm.