Flagstar Pays Freddie Mac $8.9 Million to Resolve Home Loans

Dec 31, 2013 3:21 am ET

Dec. 30 (Bloomberg) -- 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.