NEW YORK (Reuters) - Societe Generale has agreed to pay $122 million to settle a lawsuit by the U.S. regulator for Fannie Mae and Freddie Mac over mortgage-backed securities.
The settlement, announced by the Federal Housing Finance Agency (FHFA) on Thursday, would resolve a lawsuit accusing the bank of misleading the U.S. housing giants in their purchase of $1.3 billion in securities.
The settlement marked the eighth to date by the FHFA, which in 2011 filed 18 lawsuits over some $200 billion in mortgage-backed securities that were at the heart of the 2008 financial crisis.
(Reporting by Nate Raymond in New York; Editing by Nick Zieminski)
Relacionados
- Société Générale, a un céntimo de que su precio objetivo alcance los 48 euros
- CNMV.-SOCIETE GENERALE EFFEKTEN GMBH Warrants, certificados y otros - vencimientos y toques de barrera
- CNMV.-SOCIETE GENERALE EFFEKTEN GMBH Warrants, certificados y otros - ajustes
- (Ampl) Société Générale gana un 175% más en 2013 y devuelve al BCE todo el dinero recibido en las LTRO
- Economía.- (Ampl) Société Générale gana un 175% más en 2013 y devuelve al BCE todo el dinero recibido en las LTRO
