A federal judge allows a FHFA lawsuit to go forward against Barclays (BCS) over the sale of...

|About: Barclays PLC (BCS)|By:, SA News Editor

A federal judge allows a FHFA lawsuit to go forward against Barclays (BCS) over the sale of $4.9B in questionable MBS to Fannie Mae and Freddie Mac. It's no surprise as the same judge has allowed similar suits to move ahead against 5 other banks.