For an undisclosed amount, Wells Fargo settles with FHFA on issue of faulty mortgages issyes
mortgage backed securities
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Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.
Fund managers BlackRock Inc and Neuberger Berman Group LLC seek settlement in the amount of USD5.75 billion for mortgage backed securities fraud.
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