Baltimore officials have filed a class-action anti-trust lawsuit against against several large banks charging conspiracy based on price-fixing of mortgage debt. The suit was filed Thursday by City Solicitor Andre M. Davis on Thursday in U.S. District Court. It charges that the banks in part controlled limited financial pathways to mortgage lending based on the sale and purchase of debt bonds issued by the Federal National Mortgage Association, or Fannie Mae and Federal Home Loan Mortgage Corp.,…
from https://www.bizjournals.com/baltimore/news/2019/04/04/baltimore-files-class-action-lawsuit-against.html?ana=RSS&s=article_search
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