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US sues Bank of America over 'toxic' mortgage scheme

Oct 25, 2012

US sues Bank of America over 'toxic' mortgage scheme

The US Justice Department is seeking $1 billion from Bank of America, alleging the bank committed fraud by selling defective mortgages from a programme it says was known within the bank as "the Hustle." #Bank of America #Freddie Mac #Fannie Mae #TheExplainer #mortgage loans
US to sue big banks over mortgage security : report

Sep 02, 2011

US to sue big banks over mortgage security : report

According to a report in the New York Times, the Federal Housing Finance Agency, which oversees mortgage giants Fannie Mae and Freddie Mac, is expected to file suit against Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, among other banks. #Finance #Investment #NewsTracker #JPMorgan Chase & Co. #Goldman Sachs #Bank of America #Freddie Mac #Fannie Mae #Deutsche Bank AG

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US to sue big banks over mortgage security : report

Sep 18, 2014

Fannie Mae: What It Does And How It Operates

Chances are that you've heard of Fannie Mae. But do you know what it does and how it operates...
US to sue big banks over mortgage security : report

Sep 12, 2014

HSBC to pay $550m in US to settle mortgage mis-selling suit

Deal comes three weeks before a trial was due to begin in New York, where HSBC could have faced $1.6bn in damages HSBC Holdings will pay $550m (£340m) to resolve a US regulator's claims that the British bank made false representations in selling mort... #HSBC #Freddie Mac #Fannie Mae #HSBC Holdings, plc. #Federal Housing Finance Agency #United States
US to sue big banks over mortgage security : report

Sep 05, 2014

UberX Drivers Busted For Allegedly Taking Street Hails In D.C.

Several drivers employed by the popular "ridesharing" service UberX were ticketed and towed by hack inspectors outside the Fannie Mae building on Wisconsin Avenue Northwest on Wednesday night, in another dispute pitting the tech company against Distr... #HSBC #Freddie Mac #Fannie Mae #HSBC Holdings, plc. #Federal Housing Finance Agency #United States