First Horizon National in Memphis, Tenn., has reached an agreement with Freddie Mac related to home loans originated and sold to the government-sponsored entity between 2000 and 2008.

The agreement releases First Horizon from responsibility for loans that were sold to a new servicer and then had mortgage insurance cancelled or denied, “to the extent attributable to the acts of the current servicer,” according to a filing with the Securities and Exchange Commission on Thursday.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry