2013-07-29 — bloomberg.com
``When the FHFA filed the 17 lawsuits, it said the bond issuers had misled Fannie and Freddie about the soundness of the loans underlying $196 billion of mortgage-backed securities. Other defendants include JPMorgan Chase & Co., Goldman Sachs Group Inc., Deutsche Bank AG, Bank of America Corp. and Ally Financial Inc. -- the last of which is still majority-owned by the government.
The agency dropped its suit against GE (which had sold mortgage bonds to Freddie Mac) in January, without disclosing any of the agreement's terms. It settled with Citigroup in May, after initially accusing the company of making misrepresentations about $3.5 billion of mortgage bonds that it sold to Fannie and Freddie before they were rescued by the government.''
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