RMBS issuer sues Hussain

Category: Structured Finance

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RMBS issuer sues Hussain
Clavis Securities has begun High Court proceedings against Rizwan Hussain, who issued letters in April - purportedly for and on behalf of the issuer - which described the purported termination of the appointments of HSBC as trustee and Bluestone Mortgages as treasurer and special servicer, in relation to the note programme.

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