Thursday, May 14, 2026

Federal Housing Finance Agency (FHFA)

August 14, 2023

Multinational investment bank UBS fined $1.4 billion for fraud in selling residential mortgage-backed securities

UBS will pay the United States $1,435,000,000 in civil penalties in exchange for dismissal of the complaint filed in the action.

UBS AG, Chair Colm Kelleher, Vice-Chair Lukas Gähwiler