US banks to be sued by govt over mortgages

2nd September 2011, Comments 0 comments GENEVA, SWITZERLAND - The US Federal Housing Finance Agency is starting lawsuits against a number of US banks, according to the New York Times, over mortgages the government says the banks should have known were too risky, before the 2008 economic crisis. The agency oversees the two large mortgage groups, Fannie Mae and Freddie Mac, [...]

0 Comments To This Article