Ally’s Mortgage Unit Settles Fannie Loan-Buyback Demands for $462 Million

Ally’s Mortgage Unit Settles Fannie Loan-Buyback Demands for 2 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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