Bank of America Faces $6bn Fine for Misleading Fannie Mae and Freddie Mac

M. Rochan, International Business Times Bank of America could face a $6bn fine for allegedly misleading US mortgage agencies Fannie Mae and Freddie Mac during the housing bubble, according to a US regulator. A report by the Financial Times said that the Federal Housing Finance Agency (FHFA) is pursuing claims on behalf of the two […]