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FHFA Awarded $806M After Win At Nomura MBS Trial

By Cara Salvatore (May 15, 2015, 5:42 PM EDT) -- Nomura Holdings Inc. owes $806 million in damages for selling borderline mortgage securities to Fannie Mae and Freddie Mac, a New York federal judge ruled Friday afternoon, days after the Federal Housing Finance Agency garnered the win in the only one of 18 such suits to go to trial....

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