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>> FANNIE MAE Latest News

16 HOURS AGO - New York Times

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DealBook: HSBC to Pay $550 Million to End Mortgage-Related Suit

HSBC agreed Friday to pay $550 million to settle a lawsuit by the Federal Housing Finance Agency over mortgage-backed securities it sold to Fannie Mae and Freddie Mac before the financial crisis.

Tags: DealBook: HSBC to Pay $550 Million to End Mortgage-Related Suit,  Fannie Mae Latest News

SEP 12, 2014 - Wall Street Journal

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HSBC to Pay $550 Million to Settle FHFA Suit

The housing regulator claims the U.K. bank failed to adequately disclose the risks on mortgage bonds it sold before the financial crisis to Fannie Mae and Freddie Mac. HSBC denies the claims.

Tags: HSBC to Pay $550 Million to Settle FHFA Suit,  Fannie Mae Latest News

SEP 12, 2014 - USA Today

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HSBC pays $550M over risky mortgage bonds

Big British bank HSBC has agreed to pay $550 million to resolve U.S. claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.        

Tags: HSBC pays $550M over risky mortgage bonds,  Fannie Mae Latest News

SEP 12, 2014 - Globe and Mail

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SEP 12, 2014 - USA Today

A Must Read - Share

HSBC pays $550M over risky mortgage securities

Big British bank HSBC has agreed to pay $550 million to resolve U.S. claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.        

Tags: HSBC pays $550M over risky mortgage securities,  Fannie Mae Latest News