www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
World / US and Canada

Bank of America sued over mortgages fraud

(Xinhua) Updated: 2012-10-25 09:53

Bank of America sued over mortgages fraud

People walk next to a Bank of America's branch in New York, Oct 24, 2012. The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. [Photo/Agencies]

NEW YORK - The US federal prosecutors filed a lawsuit against Bank of America on Wednesday accusing the financial giant of fraudulently selling toxic mortgage loans to Fannie Mae and Freddie Mac.

The complaint was related to housing loans lent by Countrywide Financial Corp., a subsidiary bought by Bank of America in 2008.

Countrywide initiated a scheme named as "Hustle" to accelerate expansion of housing loans in 2007 and the program ran through 2009 well after the takeover was completed in July 2008.

The program let the "defect rates" of the loans soar to a dangerous level, but Countrywide still sold these loans to Fannie Mae and Freddie Mac without alerts and caused $1 billion of losses.

The lawsuit was filed under the False Claims Act which could allow judges to fine Bank of America with a penalty three times as high as the 1-billion-dollar losses.

Bank of America was not immediately available for comment.

Last month, Bank of America agreed to pay $2.4 billion to settle a lawsuit accusing it of hiding important information when taking over Merrill Lynch & Co. in 2009.

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 午夜视频在线观看一区二区 | 欧美一级俄罗斯黄毛片 | 4四虎44虎www在线影院麻豆 | 国产一级视频播放 | 国产亚洲精品成人a在线 | 三级三级三级网站网址 | 成人看的午夜免费毛片 | 福利视频美女国产精品 | 欧美日本亚洲国产一区二区 | 伊人99re| 亚洲男人的天堂成人 | 欧美日韩亚洲高清不卡一区二区三区 | 美女张开腿让男人桶爽免 | 欧美毛片性视频区 | 日本免费一区二区三区看片 | 99视频有精品视频免费观看 | 性色欧美xo影院 | 中文字幕成人在线观看 | 欧美真人毛片动作视频 | 亚洲的天堂 | 永久免费观看午夜视频在线 | 欧美日韩在线国产 | 在线视频久草 | 福利三区| 日产乱码精品一二三区 | 日本一区二区三区在线 视频观看免费 | 在线精品免费视频 | 国产三级在线视频观看 | 亚洲韩国欧美一区二区三区 | 67id人成国产在线 | 成人免费观看视频久爱网 | 亚洲国产成人精彩精品 | 亚洲高清一区二区三区 | 久久久久亚洲香蕉网 | a级毛片在线看日本 | 精品爱爱| 在线精品免费观看综合 | 欧美一级性 | 亚洲欧美日韩久久精品第一区 | 欧美日韩国产免费一区二区三区 | 久久91精品牛牛 |