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Ally's Mortgage Unit Settles Fannie Loan-Buyback Demands for $462 Million Ally's Mortgage Unit Settles Fannie Loan-Buyback Demands for $462 Million
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Tim Pearson
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Old 12-28-2010, 11:04 PM
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Default Ally's Mortgage Unit Settles Fannie Loan-Buyback Demands for $462 Million
Ally Financial Inc. , the auto and home lender majority-owned by the U.S. government, agreed to pay $462 million to settle repurchase demands from Fannie Mae linked to $292 billion in home loans.
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