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Feds sue Bank of America over 'hustle' home loans
Spencer Platt/Getty Images
Federal prosecutors in New York are accusing Bank of America of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac.
Bob Moon
Marketplace Morning Report for Thursday,
October 25, 2012
link:
http://www.marketplace.org/topics/business/feds-sue-bank-america-over-hustle-home-loans