Bank of NY Mellon sued by FDIC over $2 bln in soured mortgages
August 19, 2015 at 17:05 PM EDT
NEW YORK, Aug 19 (Reuters) - A U.S. regulator sued Bank of New York Mellon Corp on Wednesday over more than $2 billion in mortgage-backed securities purchased by a failed Texas bank, claiming BNY Mellon breached its duties as bond trustee to protect investors.
