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(Reuters) - Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie. The FHFA, which valued the settlement at $1.2 billion, said the accord "effectively makes Fannie Mae and Freddie Mac whole on their investments in the securities at issue." The $1.2 billion reflects the amount that Goldman will pay, minus the current value of the securities being bought back from Fannie and Freddie.
ALBUQUERQUE, N.M. (AP) — A coalition of lawyers filed a lawsuit Friday to halt the quick deportation of Central American women and children, saying immigrants at a New Mexico detention center don't have proper access to lawyers and are being forced to clean restrooms and retell stories of violence and rape in front of children.