Feds Poised to Sue Banks Over Mortgages

The Federal Housing Finance Agency—the agency behind Fanny Mae and Freddy Mac—is poised to sue more than a dozen big banks for their role in the mortgage meltdown mess for billions of dollars. The feds are accusing the banks of misrepresenting the quality of mortgage securities, reports the…

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Feds Poised to Sue Banks Over Mortgages

Posted by on September 2, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.