"This agreement represents a fitting conclusion to our year of hard work to put legacy issues in the rear view mirror and begin 2014 focused on improving the future of housing finance," said Timothy Mayopoulos, Fannie's president and CEO.

Fannie Mae Wraps Up Repurchase Issues with Wells Agreement

Including the Wells settlement, Fannie has collected nearly $14 billion from eight large mortgage lenders since the start of 2013.

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