FHFA, Wells Fargo Agree To Put Suit Over $1B RMBS On Hold
By Jon Hill ( June 18, 2019, 10:30 PM EDT) -- The Federal Housing Finance Agency has agreed to pause its lawsuit against Wells Fargo over $1 billion in pre-crisis residential mortgage-backed securities purchased by Freddie Mac, a truce that means the agency will proceed first with its Second Circuit fight to have the case's claims excluded from a related $165 million settlement....
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