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JusticeWillWin

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JusticeWillWin

Re: None

Saturday, 08/23/2014 9:46:51 AM

Saturday, August 23, 2014 9:46:51 AM

Post# of 796414
UPDATE 2-Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 bln

http://www.reuters.com/article/2014/08/22/goldman-fhfa-idUSL4N0QS4KO20140822

Goldman Sachs denied the allegations, and in the settlement did not admit wrongdoing. Under the settlement, Goldman Sachs will pay about $1 billion to Fannie Mae and $2.15 billion to Freddie Mac, the FHFA said.



Any impact on PPS expected?

Maybe FHFA just wanted to get this settlement finished and then ends the conservatorship in a few weeks?!?
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