U.S. to sue big banks over mortgage securities: report (Reuters)

Reuters - The agency that oversees mortgage markets is preparing to file suit against "more than a dozen" big U.S. banks, accusing them of misrepresenting the quality of mortgages they packaged and sold during the housing bubble, the New York Times reported on Thursday.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20110902/bs_nm/us_usa_mortages_lawsuit

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