Freddie Mac Faces New Suit Over Subprime Practices
The complaint, filed Friday in the U.S. District Court for the Southern District of New York, accuses the home loan giant and several of its executives of having known since 2004 about the problems with Freddie Mac's involvement with risky loans and underwriting standards.
On Nov. 20, 2007, Freddie Mac revealed that $150 billion of...
Already a subscriber? Click here to login