Freddie Mac to pay $4.65 million to settle suit

Freddie Mac, the second-largest source of U.S. mortgage financing, tentatively agreed to pay $4.65 million to settle a class action lawsuit related to accounting mistakes that may have hurt pension funds.The proposed settlement would be covered by insurance, the McLean, Va.-based company said in a press release distributed by PR Newswire on Monday. As a ...

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Freddie Mac to pay $4.65 million to settle suit

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