Business USAUS mortgage giant Freddie Mac swings to $11 bn profitAFPMarch 1, 2013 by AFPMarch 1, 2013 New York: US mortgage finance giant Freddie Mac has posted an $11 billion annual profit for 2012, compared to a loss of $5.3 billion a...
UncensoredUS sues Bank of America for $1 bn over bad mortgagesAFPOctober 25, 2012 by AFPOctober 25, 2012 Washington: The United States sued Bank of America for at least $1 billion for allegedly dumping dodgy mortgages on state-controlled mortgage financers Fannie Mae and Freddie...