LOS ANGELES – NCUA asked a federal court here yesterday to reconsider a March ruling dismissing the vast majority of $491 million of claims against Goldman Sachs for mortgage-backed securities the Wall Street bank sold to corporate credit union failures U.S. Central FCU and WesCorp FCU, or at least certify the issue for an immediate review by the U.S. Court of Appeals.

In his March ruling, U.S. Judge George Wu said NCUA waited too long to file claims related to seven of the 13 MBS Goldman sold to the two failed corporates and issued a preliminary ruling dismissing the claims.

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