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(Image from article: "N.Y. probes 8 banks on mortgage security ratings")

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Federal Housing Finance Agency sues 17 banks over mortgage bonds

The U.S. regulator for Fannie Mae and Freddie Mac accuses the banks of negligence in misrepresenting the risks embedded in the securities sold to the home-finance giants.

S.E.C. Accuses ICP Asset Management of Fraud

The Securities and Exchange Commission on Monday accused a New York firm that helped manage complex mortgage securities of defrauding investors as the housing market collapsed.

N.Y. probes 8 banks on mortgage security ratings

The New York attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to a person familiar with the investigation.

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