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2nd Circ. Reopens Mortgage-Backed Securities ERISA Suit

By Kellie Mejdrich ( March 26, 2026, 4:08 PM EDT) -- The Second Circuit on Thursday revived a federal benefits lawsuit against Wells Fargo and Ocwen accusing the companies of mishandling home loans tied to a union pension fund's investments, overturning a lower court ruling that handed the bank and loan servicing companies a pretrial win in the proposed class action....

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