Government considers suing to recover losses on alleged insurance kickbacks to banks

  • by: JEFF HORWITZ , Associated Press
  • Updated: June 24, 2014 - 11:40 PM

WASHINGTON — The government is considering whether to sue banks and other mortgage servicers to recover its losses from alleged insurance kickbacks that may have cost government-controlled mortgage giants Fannie Mae and Freddie Mac hundreds of millions of dollars, according to an internal report.

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