The National Credit Union Administration (NCUA) filed another suit against a Wall Street bank this afternoon, this one naming Barclays.

NCUA alleged the sale of faulty MBS by Barclays to U.S. Central Federal Credit Union and WesCorp Federal Credit Union contributed to the 2009 collapse of the two corporate credit union giants.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.