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Six former Fannie, Freddie executives sued for securities fraud

A foreclosure sign. Photo: Wikimedia Commons.

NEW YORK (Reuters) – U.S. securities regulators sued six former executives at Fannie Mae and Freddie Mac on Friday, including ex-CEOs of both mortgage finance companies, saying they misled investors over exposure to risky home loans. The U.S. Securities and Exchange Commission sued three former executives at Fannie Mae and…

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