RBS sets aside $3.8 billion more for RMBS settlement with DOJ

It appears that despite a new administration running the ship in Washington, D.C., the federal government still plans to seek restitution for the events that led to the financial crisis, or at least that’s what one foreign bank thinks. Royal Bank of Scotland said Thursday that it is setting aside $3.8 billion to be used to settle with the government. http://www.housingwire.com/articles/39048-rbs-sets-aside-38-billion-more-for-rmbs-settlement-with-doj ❤️ #share #mortgage