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Freddie Mac, Axis Ink Deal Over $32M SEC Probe Coverage

By Ganesh Setty ( October 10, 2024, 5:06 PM EDT) -- Government-backed mortgage buyer Freddie Mac told a D. C. federal court it reached a settlement with an excess insurer over its $32 million defense bill from a U. S. Securities and Exchange Commission investigation and lawsuits concerning its exposure to subprime mortgages in the lead-up to the 2008 financial crisis. . . .

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