{"id":5777,"date":"2015-05-18T00:00:00","date_gmt":"2015-05-18T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2015\/05\/nomura_royal_bank_of_scotland"},"modified":"2022-05-06T14:53:36","modified_gmt":"2022-05-06T19:53:36","slug":"nomura-royal-bank-of-scotland","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/","title":{"rendered":"Nomura &#038; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case"},"content":{"rendered":"<p>Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the <a href=\"https:\/\/www.investorlawyers.com\/derivative-securities-derivatives-mortgage-backed-securities-mbs.html\">mortgage-backed securities lawsuit <\/a>filed against them by the Federal Housing Finance Agency. $779.4 million will go to mortgage lender Freddie Mac (FMCC) while $26.6 million will go to Fannie Mae (FNMA).<\/p>\n<p>Judge Denise L. Cote of the Federal District Court in Manhattan was the one who found the two banks liable for making false statements when selling the securities to the two lending giants. The banks will also take back the mortgage bonds that are the basis of this lawsuit. As of the end of March, these bonds were worth up to $479 million.<\/p>\n<p>It was Nomura that sponsored $2 billion of the securities purchased by Freddie and Fannie. RBS was the underwriter on four of the deals.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/\"  title=\"Continue Reading Nomura &#038; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the Federal Housing Finance Agency. $779.4 million will go to mortgage lender Freddie Mac (FMCC) while $26.6 million will go to Fannie Mae (FNMA). Judge Denise L. Cote of the Federal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3752,3757,4036,3998],"tags":[2906],"class_list":["post-5777","post","type-post","status-publish","format-standard","hentry","category-financial-firms","category-mortgagebacked-securities","category-royal-bank-of-scotland","category-stifel-nicolaus-company","tag-nomura-holdings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nomura &amp; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case &#8212; Investor Lawyers Blog &#8212; May 18, 2015<\/title>\n<meta name=\"description\" content=\"Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the &#8212; May 18, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Nomura &amp; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case &#8212; Investor Lawyers Blog &#8212; May 18, 2015\" \/>\n<meta name=\"twitter:description\" content=\"Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the &#8212; May 18, 2015\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nomura & Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case &#8212; Investor Lawyers Blog &#8212; May 18, 2015","description":"Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the &#8212; May 18, 2015","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/","twitter_card":"summary_large_image","twitter_title":"Nomura & Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case &#8212; Investor Lawyers Blog &#8212; May 18, 2015","twitter_description":"Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the &#8212; May 18, 2015","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Nomura &#038; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case","datePublished":"2015-05-18T05:00:00+00:00","dateModified":"2022-05-06T19:53:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/"},"wordCount":395,"keywords":["Nomura Holdings"],"articleSection":["Financial Firms","Mortgage-Backed Securities","Royal Bank of Scotland","Stifel, Nicolaus &amp; Company"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/","url":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/","name":"Nomura & Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case &#8212; Investor Lawyers Blog &#8212; May 18, 2015","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2015-05-18T05:00:00+00:00","dateModified":"2022-05-06T19:53:36+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"Nomura Holdings (NMR) and Royal Bank of Scotland group Plc (RBS) must pay $806 million in the mortgage-backed securities lawsuit filed against them by the &#8212; May 18, 2015","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/nomura-royal-bank-of-scotland\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Nomura &#038; Royal Bank of Scotland Must Pay $806M in Mortgage-Backed Securities Case"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-1vb","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=5777"}],"version-history":[{"count":7,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5777\/revisions"}],"predecessor-version":[{"id":27651,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/5777\/revisions\/27651"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=5777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=5777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=5777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}