RBS to pay $5.5 billion to resolve US mortgage probe Royal Bank of Scotland will pay $5.5 billion to settle one of the two major US investigations into allegations it mis-sold mortgage-backed bonds that it needs to resolve before the British government can sell its shares. Business • 12 Jul 17
RBS to pay $5.5 billion to resolve US mortgage probe Royal Bank of Scotland will pay $5.5 billion to settle one of the two major US investigations into allegations it mis-sold mortgage-backed bonds that it needs to resolve before the British government can sell its shares. Business • 12 Jul 17
Morgan Stanley pays $1.25 billion settlement Morgan Stanley said it would pay $1.25 billion to the US regulator for state-backed mortgage guarantee companies Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed securities. Business • 05 Feb 14
Morgan Stanley pays $1.25 billion settlement Morgan Stanley said it would pay $1.25 billion to the US regulator for state-backed mortgage guarantee companies Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed securities. Business • 05 Feb 14
Fannie Mae posts Q2 $10 billion net income US mortgage giant Fannie Mae said it earned $10.1 billion in the second quarter, aided by the recovery in the housing market. Business • 08 Aug 13
Fannie Mae posts Q2 $10 billion net income US mortgage giant Fannie Mae said it earned $10.1 billion in the second quarter, aided by the recovery in the housing market. Business • 08 Aug 13
Bank of America's earnings shrink on settlements Bank of America has said that its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit. Business • 17 Jan 13
Bank of America's earnings shrink on settlements Bank of America has said that its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit. Business • 17 Jan 13
Bank of America in $10 billion mortgage settlement Bank of America is to spend more than $10 billion to settle mortgage claims resulting from the US housing meltdown. Business • 07 Jan 13
Bank of America in $10 billion mortgage settlement Bank of America is to spend more than $10 billion to settle mortgage claims resulting from the US housing meltdown. Business • 07 Jan 13