FHFA ANNOUNCES $1,925 BILLION MORTGAGE BACKED SECURITIES SETTLEMENT WITH DEUTSCHE BANK

摘要

The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, announced on December 20, 2013, it has reached a settlement with Deutsche Bank AG, related companies and specifically named individuals for $1.925 billion to resolve claims in FHFA v. Deutsche Bank AG, et al., as well as certain other matters. The settlement addresses claims alleging violations of federal and state securities laws in connection with private-label mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007.