Blackrock Balanced Capital Portfolio (FI) et al v. HSBC Bank USA

  1. March 31, 2015

    HSBC Must Face Suit Over 271 RMBS Trusts

    A New York federal judge on Tuesday took the reins in a suit accusing HSBC Bank USA NA of shirking its duties as trustee for 271 residential-mortgage-backed securities trusts after determining the district court had subject matter jurisdiction over the case.