Credit Suisse Settles Mortgage Litigation for $885 Million

Credit Suisse Group AG has agreed to pay $885 million to settle allegations by the U.S. Federal Housing Finance Agency that the Swiss bank misrepresented mortgage-backed securities sold in the lead-up to the financial crisis.

Source: http://blogs.wsj.com/law/2014/03/21/credit-suisse-settles-mortgage-litigation-for-885-million/?mod=WSJBlog

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