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Home / OH: AG Sues Mortgage LenderOH: AG Sues Mortgage Lender
Last Updated on Wednesday, 23 January 2008 11:37 Written by rslcpol Wednesday, 23 January 2008 11:37
COLUMBUS (AP) — Ohio’s aggressive attorney general has sued mortgage lender Freddie Mac, accusing the lending giant of defrauding the state’s mammoth pension fund by systematically investing in sub-prime home loans.
Attorney General Marc Dann alleges that Freddie Mac, formally the Federal Home Loan Mortgage Corp., “secretly and intentionally participated in one of the largest housing investment deceptions in modern U.S. economic times.”
This entry was posted on Wednesday, January 23rd, 2008 at 11:37 am and is filed under Attorney General News.
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