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Barclays To Pay $280M To Settle FHFA's Private MBS Actions

By David McAfee ( April 24, 2014, 9:14 PM EDT) -- Barclays Bank PLC has agreed to pay $280 million to settle claims brought in two lawsuits by the Federal Housing Finance Agency in New York federal court over alleged violations of federal and state securities laws in connection with private-label mortgage-backed securities, the FHFA announced on Thursday....

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