http://wfae.org en http://wfae.org/post/us-sues-bofa-1-billion-mortgage-fraud <p>Federal prosecutors in Manhattan sued Bank of America for $1 billion on Wednesday, alleging the bank defrauded government-sponsored mortgage giants Fannie Mae and Freddie Mac.<br><br>The lawsuit is the latest legal mire for the Charlotte-based bank, which has already agreed to pay billions of dollars to resolve other lawsuits.<br> Wed, 24 Oct 2012 19:03:36 +0000 John Arwood and Ely Portillo, Charlotte Observer 14505 at http://wfae.org U.S. Sues BofA For $1 Billion For Mortgage Fraud