A US regulator has sued 17 of the world's largest banks over their role in allegedly mis-selling $200bn of mortgage-backed securities (MBS) to the state-backed mortgage agencies Freddie Mac and Fannie Mae.
A US regulator has sued 17 of the world's largest banks over their role in allegedly mis-selling $200bn of mortgage-backed securities (MBS) to the state-backed mortgage agencies Freddie Mac and Fannie Mae.