Expand / Collapse search
Watch TV
☰

Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions.  Legal Statement.

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. FAQ - New Privacy Policy

Markets
Published | Updated

RBS Settles With FHFA, Will Pay $5.5 Billion

The Federal Housing Finance Agency said Wednesday that Royal Bank of Scotland PLC will pay $5.5 billion for misdeeds relating to the sale of mortgage-backed securities between 2005 and 2007. RBS will pay $4.5 billion to Freddie Mac and $975 million to Fannie Mae .

Copyright © 2017 MarketWatch, Inc.