UBS will pay nearly $1 billion to settle with Fannie, Freddie regulator

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jul. 22, 2013

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UBS has set aside nearly $1 billion to to settle a lawsuit by Fannie Mae and Freddie Mac’s federal regulator claiming the Swiss bank misrepresented the quality of mortgage-backed securities (MBS) packaged and sold to the mortgage giants during the ...

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