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US Is Set to Sue a Dozen Big Banks Over Mortgages
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US Is Set to Sue a Dozen Big Banks Over Mortgages

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US Is Set to Sue a Dozen Big Banks Over Mortgages

The federal agency that oversees Fannie Mae and Freddie Mac is expected to sue Bank of America, Goldman Sachs and others, accusing them of failures in vetting mortgages during the housing bubble. The NYT reports.

More on CNBC...

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