Breaking News Headlines: U.S. Accuses Bank of America of Mortgage-backed Securities Fraud

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Breaking News Headlines: U.S. Accuses Bank of America of Mortgage-backed Securities Fraud

Breaking News Headlines: U.S. Accuses Bank of America of Mortgage-backed Securities Fraud
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Breaking News Headlines: U.S. Accuses Bank of America of Mortgage-backed Securities Fraud

by Wochit 0:56 mins

Breaking News Headlines: U.S. Accuses Bank of America of Mortgage-backed Securities Fraud

by Wochit 0:56 mins

The U.S. government filed two civil lawsuits against Bank of America for what the Justice Department and securities regulators said was a fraud on investors involving $850 million of residential mortgage-backed securities. The Justice Department and the U.S. Securities and Exchange Commission filed the parallel suits in U.S. District Court in Charlotte. A wave of bombings, mainly targeting markets in and near Baghdad, killed 36 people on Tuesday, officials said, the latest in a surge of violence that has gripped Iraq. The United States will hold talks with Russia's defense and foreign ministers in Washington despite Moscow's decision to grant asylum to former U.S. spy agency contractor Edward Snowden, U.S. officials said

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