RBS reaches $5.5B settlement with FHFA
The Federal Housing Finance Agency, as conservator of Fannie Mae and Freddie Mac, today reached a $5.5 billion settlement with Royal Bank of Scotland Group alleging violations of federal and state securities laws in connection with private-label residential mortgage-backed securities trusts purchased by Fannie Mae and Freddie Mac.
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ArticleFormer startup CEO gets 7 years in prison for $175M fraud against JPMorgan Chase
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ArticleGeorgia Tech to pay $875,000 for allegations brought by compliance officers
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