SAN FRANCISCO – NCUA filed an appeal yesterday with the Ninth Circuit U.S. Court of Appeals to reinstate claims against Wachovia Capital (now a unit of Wells Fargo & Co.) and Nomura Asset Acceptance Corp., which both originated subprime loans packaged into mortgage-backed securities that figured into the 2009 failure of WesCorp FCU.

The claims are part of a suit seeking $629 million in damages from RBS Securities and several mortgage originators. A lower court had dismissed the claims against Wachovia and Nomura in August, ruling the claims were not filed in time to satisfy the statute of limitations on securities suits.

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