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organisation > Federal Housing Finance Agency
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Compensation to settle charges US bank overstated quality of financial instruments it sold to mortgage companies.
US mortgage giant accuses banks of colluding to "hide" financial problems and "boost profits".
Justice department accuses bank of causing taxpayers more than $1bn in losses by selling toxic mortgage loans.
Giant bank already under court action is sued along with JPMorgan for losses on $4.5bn soured mortagage.
Lawsuits will seek $20bn in compensation for banks' failure over subprime home loans, according to reports.
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Swathes of the British electorate continue to show discontent with all things European, including immigration.
Astronomers have captured images of primordial galaxies that helped light up the cosmos after the Big Bang.
Critics assail British photographer's portrayal of indigenous people, but he says he's highlighting their plight.
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.

 
 
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