UPDATE 1-Freddie Mac to pay $50 mln to settle fraud charges

Story date: 2007-09-27 03:08:00
Added on: 2007-09-27 18:00:16

Reuters - Last: WASHINGTON, Sept 27 (Reuters) - Freddie Mac (FRE.N: Quote , Profile , Research ) has agreed to pay a $50 million penalty to settle charges related to a multibillion accounting fraud at the mortgage finance company from 1998 through 2002, the U ...


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