The Fold  ·   October 25, 2012

Bank of America under fire for mortgage fraud

- Bank of America has cost the government $1 billion according to federal prosecutors, who are accusing the bank of knowingly selling rotten loans to Freddie Mac and Fannie Mae. Post banking reporter Danielle Douglas stopped by to explain. ()

- Bank of America has cost the government $1 billion according to federal prosecutors, who are accusing the bank of knowingly selling rotten loans to Freddie Mac and Fannie Mae. Post banking reporter Danielle Douglas stopped by to explain. ()

Bank of America under fire for mortgage fraud (3:15)

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