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Credit Union Journal

Wednesday, February 8, 2012, as of 03:43 PM EDT

CUMIS Battle With CUs Over $140 Million CU National Fraud Moves To Federal Court

Credit Union Journal Daily Briefing  |  Monday, December 21, 2009

MADISON, Wis. – CUMIS Insurance Society and 26 credit unions seeking recompense for losses related to the $140 million fraud at U.S. Mortgage and its CU National Mortgage unit have agreed to move their dispute over bond coverage from a state to a federal court here...

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