The FHFA could today file lawsuits accusing over a dozen large banks, including BAC, JPM, GS and...

|By:, SA News Editor

The FHFA could today file lawsuits accusing over a dozen large banks, including BAC, JPM, GS and DB, of misrepresenting the quality of MBS they sold to the GSEs during the housing bubble, sources say. Fannie and Freddie - and ultimately taxpayers - lost more than $30B as a result of the deals.