Category Archives: bankruptcy blog

Another Bank Settles with Fannie and Freddie

Credit Suisse to pay $234 million to Fannie Mae and $651 million to Freddie Mac Federal Housing Finance Agency has recovered more than $10.1 billion from banks over the sale of toxic mortgage backed securities. Settlements have also being reached with Wells Fargo & Co, JPMorgan Chase, Citigroup Inc, Deutsche Bank AG, and Morgan Stanley. […]