First Horizon Settles FHFA Toxic MBS Suit With $110M Deal

By Daniel Wilson · April 29, 2014, 7:25 PM EDT

First Horizon National Corp. will pay $110 million to the Federal Housing Finance Agency to end a New York federal suit alleging the bank misrepresented mortgage-backed securities sold to Fannie Mae...

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Documents

Settlement Agreement

Case Information

Case Title

Federal Housing Finance Agency as Conservator for the Federal National Mortgage Association et al v. First Horizon National Corporation et al

Case Number

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

September 02, 2011