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Goldman Sachs to resolve FHFA claims for $3.15 bln
August 22, 2014 / 9:40 PM / in 3 years

Goldman Sachs to resolve FHFA claims for $3.15 bln

Aug 22 (Reuters) - Goldman Sachs Group Inc will pay $3.15 billion to settle claims from the U.S. housing finance regulator that it sold bad mortgage-backed securities.

Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period. (Reporting By Neha Dimri in Bangalore; Editing by Saumyadeb Chakrabarty)

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