Friday, August 22, 2014

Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

(Reuters) – Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator’s claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday.
Under the settlement with the Federal Housing Finance Agency, the...
Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

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