Fannie Mae-No Politics (FNMA)

[obiterdictum]

The scope of the fraud is not indicated in the settlement payments. Read the complaints to see the full scope:

See: http://www.fhfa.gov/SupervisionRegulation/LegalDocuments/Pages/Litigation.aspx

Current Results of the Litigation.

PLS Litigation Settlements
1. General Electric Company - $6.25 million
2. CitiGroup Inc. - $250 million
3. UBS Americas, Inc. (Union Bank of Switzerland) - $885 million
4. J.P. Morgan Chase & Co. - $4 billion
5. Deutsche Bank AG - $1.925 billion
6. Ally Financial, Inc. - $475 million
7. Morgan Stanley - $1.25 billion
8. SG Americas (Societe Generale) - $122 million
9. Credit Suisse Holdings (USA) Inc. - $885 million

10. Bank of America Corp. These three - $5.83 billion
11. Merrill Lynch & Co.
12. Countrywide Financial Corporation

13. Barclays Bank PLC - $280 million
14. First Horizon National Corp. - $110 million
15. RBS Securities, Inc. (in Ally action) - $99.5 million
16. Goldman Sachs & Co. - $1.2 billion
17. HSBC North America Holdings, Inc. (Hong Kong Shanghai Banking Corp.) - $550 million
18. Nomura Holding America, Inc. - $806 million

Non-Litigation PLS Settlement
Wells Fargo Bank, N.A. $335.23 million

Remaining PLS Cases
District of Connecticut Case:
The Royal Bank of Scotland Group, PLC - estimated to be $4.5 billion - http://www.bloomberg.com/news/articles/2015-05-27/rbs-seen-facing-4-5-billion-tab-to-settle-u-s-mortgage-lawsuit

Source:
http://www.fhfa.gov/KeyTopics/Pages/Private-Label-Securities-PLS-Actions.aspx
http://www.fhfa.gov/Media/PublicAffairs/Pages/FHFAs-Update-on-Private-Label-Securities-Actions.aspx
http://www.compasslexecon.com/highlights/federal-housing-finance-agency-v-nomura-holding-america-inc-et-al/?year=2015