Today in the news: Bank of America sued for alleged mortgage fraud   - Dansville, NY - Dansville - Genesee Country Express
Today in the news: Bank of America sued for alleged mortgage fraud

Today in the news: Bank of America sued for alleged mortgage fraud

By Anonymous
Posted Oct 24, 2012 @ 06:00 PM
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News to know

The Justice Department sued Bank of America on Wednesday, saying the bank sold defective mortgages to Fannie Mae and Freddie Mac. The suit seeks $1 billion, the amount the government says Bank of America cost taxpayers because of the fraud.

Quote of note

"I struggled with it myself for a long time, and I realized that life is a gift from God, and I think even when life begins in that horrible situation of rape, that it is something God intended to happen.” – Republican U.S. Senate candidate Richard Mourdock, who made the comment during a debate Tuesday night. The Indiana politician is facing a lot of criticism for his comments, and Mitt Romney’s campaign distanced themselves Wednesday from the candidate they had endorsed.

Hot video: Soldier who lost 4 limbs back in Michigan hometown

GateHouse News Service

 

News to know

The Justice Department sued Bank of America on Wednesday, saying the bank sold defective mortgages to Fannie Mae and Freddie Mac. The suit seeks $1 billion, the amount the government says Bank of America cost taxpayers because of the fraud.

Quote of note

"I struggled with it myself for a long time, and I realized that life is a gift from God, and I think even when life begins in that horrible situation of rape, that it is something God intended to happen.” – Republican U.S. Senate candidate Richard Mourdock, who made the comment during a debate Tuesday night. The Indiana politician is facing a lot of criticism for his comments, and Mitt Romney’s campaign distanced themselves Wednesday from the candidate they had endorsed.

Hot video: Soldier who lost 4 limbs back in Michigan hometown

GateHouse News Service

 

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