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Fannie, Freddie Should Have Seen Bad Loans Coming: RBS

By Evan Weinberger ( April 15, 2016, 2:09 PM EDT) -- RBS Securities Inc. on Thursday said that a federal district court judge did not properly weigh Fannie Mae and Freddie Mac's mortgage industry knowledge when she hit it and another bank with an $806 million penalty for allegedly selling the two firms mortgage-backed securities that they knew were faulty. . . .

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