Flagstar Pays Freddie Mac $8.9 Million to Resolve Home Loans

Flagstar Bancorp Inc. agreed to pay Freddie Mac $8.9 million to resolve repurchase requests for home loans originated between Jan. 1, 2000, and Dec. 31, 2008.

The total resolution was $10.8 million including credits and adjustments, the Troy, Michigan-based firm said today in a statement.

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