Fifth Third, Freddie Mac Reach $25M Mortgage Settlement
The Cincinnati-based bank is just the latest financial institution to reach a settlement with Freddie Mac over housing bubble-era mortgages. The settlement will resolve all of Freddie Mac's claims related to mortgages Fifth Third sold prior to Jan. 1, 2009.
Both Freddie Mac and Fannie Mae, the other government-sponsored mortgage giant that required a combined $191 billion...
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