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» RBS Still has Major Non-Agency MBS Exposure Tied to Fannie/Freddie
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RBS Still has Major Non-Agency MBS Exposure Tied to Fannie/Freddie
June 20, 2014
Paul Muolo
and
Charles Wisniowski
RBS, which is effectively owned by the British government, still faces liability in private label security (PLS) matters tied to Greenwich Capital, a U.S. subsidiary that at one time was the largest nonprime issuer in the nation.
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