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RBS To Pay $100M To Settle FHFA's MBS Loan Suit

By Stephanie Russell-Kraft (June 19, 2014, 8:13 PM EDT) -- The Federal Housing Finance Agency announced Thursday that it has reached a $99.5 million settlement with RBS Securities Inc. in New York federal court, settling claims the bank violated federal and state securities laws by selling toxic mortgages to Freddie Mac and Fannie Mae....

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