FHFA says settlement reached with GE in mortgage lawsuit

Categorized | STOP FORECLOSURE FRAUD

FHFA says settlement reached with GE in mortgage lawsuit

FHFA says settlement reached with GE in mortgage lawsuit

Reuters-

General Electric Co (GE.N) has agreed to settle a federal agency’s lawsuit accusing it of misleading Freddie Mac into buying $549 million of mortgage-backed securities, the Federal Housing Finance Agency said on Wednesday.

The settlement is the first to result from a series of lawsuits the FHFA filed against Wall Street banks in 2011 in its role as conservator for Fannie Mae and Freddie Mac.

Terms of the accord were not announced.

[REUTERS]

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.






Comments

comments

Related posts:

  1. Goldman Sachs fails to end FHFA mortgage lawsuit Reuters- A U.S. judge rejected bids by Goldman Sachs Group...
  2. FHFA v ILLINOIS | PR Statement and Lawsuit Complaint FEDERAL HOUSING FINANCE AGENCY Statement by Federal Housing Finance Agency...
  3. Deutsche Bank loses bid to end FHFA mortgage lawsuit Reuters- A U.S. judge on Monday rejected Deutsche Bank AG’s...
  4. FHFA Audit of the Federal Housing Finance Agency’s Consumer Complaints Process BACKGROUND On July 30, 2008, the Housing and Economic Recovery...
  5. FHFA: Use of Eminent Domain to Restructure Performing Loans Concerns The Federal Housing Finance Agency (FHFA) oversees the Federal National...

This post was written by:

- who has written 7510 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Chip Parker, www.jaxlawcenter.com
Kenneth Eric Trent, www.ForeclosureDestroyer.com

Advertise with Us!

LATEST TOP FORECLOSURE FRAUD CASES OPINIONS
Advertise your business on StopForeclosureFraud.com

Archives

Please Support Me!

All Of These Are Troll Comments