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Virginia sues 13 banks over mortgages

Sep. 16, 2014 1:25 PM ETXLF, IYF, IYG, VFH, RSPF, UYG, FXO, SEF, FAS, FAZ, RWW, FINU-OLD, FINZ, FNCLBy: Stephen Alpher, SA News Editor
  • Seeking its bit of the mortgage payout cheese, Virginia sues the usual suspects, seeking $1.15B in damages for allegedly misleading the Virginia Retirement System about the quality of mortgages backing MBS it purchased between 2004 and 2010.
  • ETFs: XLF, FAS, FAZ, UYG, VFH, IYF, SEF, IYG, FXO, FNCL, FINU, RWW, RYF, FINZ

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