RMBS Working Group

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Goldman Sachs passes first round of compliance testing for $5 billion settlement

Sep 16, 2016By

Goldman Sachs is meeting its consumer relief requirements as part of its $5 billion settlement reached in April over toxic mortgage bonds, a new report from the settlement’s monitor showed. The report, published Friday by Eric Green, who serves as independent monitor of the settlement, showed that Goldman Sachs passed its first round of compliance testing for the consumer relief portion of the settlement.

3d rendering of a row of luxury townhouses along a street

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