Thursday, 2 June 2016

FDIC Reaches $190 Million Group Settlement Over RMBS

The Federal Deposit Insurance Corp. has reached a $190 million settlement with eight large financial institutions over residential mortgage-backed securities claims as the receiver of five banks that failed during the crisis.

source http://www.americanbanker.com/news/law-regulation/fdic-reaches-190-million-group-settlement-over-rmbs-1081307-1.html

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