March 24 2026

NCUA Accepts $129.6 Settlement Offer From Royal Bank of Scotland

Go to this article

The NCUA has scored another victory in its ongoing war against the Wall Street firms and financial institutions that sold faulty mortgage-backed securities to corporate credit unions. The Royal Bank of Scotland has agreed to pay $129.6 million to settle claims for losses resulting from its sale of residential mortgage-backed securities to Members United and Southwest corporate credit unions. To date, the NCUA has obtained more than $1.9 billion in legal recoveries. [9/17/15]

« Risk InboX home

Risk Watch Plus Webinar 8: Complaint Management

Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.

What is the AffirmX Platform?
Video What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

We welcome your input. Contact us here.

Subscribe above to have a daily digest sent to your inbox. You may unsubscribe at any time.

Subscribe

Sign Up Today!

* required

*







*



Email & Social Media Marketing by VerticalResponse