The suit, filed last week by the agency that now controls Fannie Mae and Freddie Mac, accuses those individuals of signing off on documents containing false or misleading information that were used to sell billions of dollars' worth of mortgage-backed securities.
Friday, September 09, 2011
23 ex-WaMu employees named in FHFA lawsuit
Twenty-three former Washington Mutual employees and several of the defunct thrift's subsidiaries have been sued by the federal government as part of its mortgage-securities lawsuit against JPMorgan Chase.
The suit, filed last week by the agency that now controls Fannie Mae and Freddie Mac, accuses those individuals of signing off on documents containing false or misleading information that were used to sell billions of dollars' worth of mortgage-backed securities.
The suit, filed last week by the agency that now controls Fannie Mae and Freddie Mac, accuses those individuals of signing off on documents containing false or misleading information that were used to sell billions of dollars' worth of mortgage-backed securities.
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