Thomson Reuters

U.S. sues Bank of America over "Hustle" mortgage fraud

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EDUARDO MUNOZ

People walk next to a Bank of America's branch in New York October 24, 2012. The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. REUTERS/Eduardo Munoz

People walk next to a Bank of America's branch in New York October 24, 2012. The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac. REUTERS/Eduardo Munoz
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Photographer
CARLOS BARRIA

A Bank of America building is seen at the business district of Charlotte, North Carolina November 16, 2009. REUTERS/Carlos Barria

A Bank of America building is seen at the business district of Charlotte, North Carolina November 16, 2009. REUTERS/Carlos Barria
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