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海量资料下载 免费学习英语 www.englishvip.com/xinlw.htm (申请网址)洛基国际英语 竭诚为您服务Bank of America is being sued for $1bn for alleged mortgage fraud.美国银行因涉嫌贷款欺诈被起诉赔付美国银行因涉嫌贷款欺诈被起诉赔付 10 亿美元。亿美元。The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.He accuses Countrywide Financial, which Bank of America bought in 2008, of selling thousands of toxic home loans to Fannie Mae and Freddie Mac.Fannie Mae and Freddie Mac are government agencies that support the US mortgage market.Bank of America has yet to comment.Countrywide is accused of running a trading scheme from 2007 to 2009 that was deliberately designed to process loans at high speed without checks on their quality.Mr Bharara said: “This lawsuit should send another clear message that reckless(鲁莽的)(鲁莽的)lending practices will not be tolerated.“He added that Countrywides practices were “spectacularly brazen in scope.“Similar casesThe legal action against Bank of America follows similar moves by the US government earlier this month against Wells Fargo and JP Morgan Chase.On 2 October, JP Morgan was sued for allegedly defrauding investors who lost more than $20bn on mortgage-backed securities sold by Bear Stearns.JP Morgan, which bought the investment bank in March 2008, said the allegations related to actions at Bear Stearns prior to its takeover.Meanwhile, on 10 October, Wells Fargo was also sued by federal authorities for alleged mortgage fraud.The US government alleges that Wells Fargo lied about the quality of mortgages it handled, leading to huge losses for the Federal Housing Administration.Wells Fargo has denied the allegations.海量资料下载 免费学习英语 www.englishvip.com/xinlw.htm (申请网址)洛基国际英语 竭诚为您服务“成千上万人疯狂下载。 。 。 。 。 。更多价值连城的绝密英语学习资料,洛基内部秘密英语,技巧,策略请在 网上 申请报名”
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