NEW YORK - The top federal prosecutor in Manhattan says he's suing Bank of America for $1 billion for mortgage fraud against Fannie Mae and Freddie Mac.
U.S. Attorney Preet Bharara says Countrywide, which was later bought by Bank of America, had procedures designed to process loans at high speed and generated thousands of fraudulent loans.
Bharara says it's the first civil fraud suit brought by the Justice Department concerning loans that were later sold to Fannie and Freddie.
Copyright Associated Press
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Jacqueline Simpson, 52, is suing the restaurant chain over a piece of glass she bit into while eating a chicken sandwich.
A man who was trying to protect his wife from a home run ball got a face full of beer for his effort.
Jim Heston, an American guesthouse operator in Cambodia, has lived a life in denim and has the photos to prove it. There were the dungarees he wore as a little boy, the dark bell-bottoms he had on for a hike up Japan's Mount Fuji, and the Levis straight-leg 501 jeans he's stayed with for the past 36 years.
Authorities say a convicted sex offender who was suspected of abducting two girls from an Iowa bus stop has been found dead.