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News Link • Housing

Analysis: Mortgage cases target people, not just banks

• Reuters

By suing 131 individuals in its effort to recover losses on $200 billion of mortgage debt that went sour, the federal agency overseeing mortgage giants Fannie Mae and Freddie Mac is doing one thing that the government has largely left alone.

It is trying to hold actual people, not just companies, responsible for their roles in the global financial crisis.

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