BofA: $9.5b to settle Fannie Mae and Freddie Mac claims
London - UPI
Bank of America agreed Wednesday to pay $9.5 billion to settle claims by government-sponsored mortgage finance giants Fannie Mae and Freddie Mac. The settlement is compensation the two lenders demanded in exchange for losses on securities backed by faulty loans during the housing boom. Bank of America said the settlement would satisfy all claims against the bank by the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac. The FHFA said Bank of America violated federal and state securities laws, along with Countrywide and Merrill Lynch. Under the agreement, Bank of America will pay $6.3 billion to Fannie and Freddie and repurchase residential mortgage-based securities worth $3.2 billion.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 16:14 2016 Saturday ,24 December
Sisi posted on history, mission of Nasr Company for Intermediate Chemicals
GMT 18:30 2018 Monday ,24 September
Metallica’s WorldWired tour coming to Moscow in summer 2019
GMT 09:18 2016 Sunday ,05 June
Yusuf Islam launches drive to help migrant children
GMT 12:38 2017 Tuesday ,04 July
Gazprom says to start new gas pipeline deliveries to China by end
GMT 21:11 2017 Sunday ,01 October
US fines HSBC $175 million for ‘unsafe and unsound’
GMT 18:05 2018 Friday ,07 September
Outstanding orphan, needy family's students awarded
GMT 23:58 2017 Monday ,25 December
Kuwaiti Premier receives Saudi Royal Court advisor
GMT 03:29 2017 Sunday ,17 December
Political instability leads to economic crunch: Nawaz Sharif
GMT 14:06 2017 Monday ,17 April
Tunisian teacher is accused of promoting extremism in classes
GMT 22:17 2016 Thursday ,16 June
Black box recovered from EgyptAir crash site
GMT 05:27 2017 Saturday ,11 November
IMF urges Argentina to step up pace of economic reforms
GMT 08:24 2017 Thursday ,24 August
Chad closes Qatari embassy in Ndjamena
GMT 14:50 2017 Monday ,25 September
Japan's Abe triggers snap election amid N.Korea crisis
GMT 05:49 2017 Thursday ,24 August
Mugabe says not going anywhere, not dying
GMT 11:42 2017 Sunday ,01 October
Martyrs of Karbala’s sacrifices were for lofty principles of Islam: Zubair
GMT 10:18 2017 Thursday ,30 March
French 'human hen' artist has a crack at hatching eggs
GMT 14:17 2017 Saturday ,25 March
Bahrain-US cultural cooperation discussed
GMT 19:54 2017 Tuesday ,14 March
Omani artists feted at opening of visual inspirations exhibit
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