The complaint also says that Fannie listed its exposure to higher-than-normal-risk Alt-A loans by nearly half.
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Finally, the value of subprime and Alt-A mortgage bonds has soared in secondary markets this year, assuaging investor anger.
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The company spent the quarter trying to limit its exposure to alt-A mortgages, subprime mortgages, commercial real estate and leveraged loans.
As a regulator, Bair asked how much exposure the banks under her aegis had in subprime and Alt-A mortgages, which were the riskiest loans to make.
More than two-thirds of its lending in that year was in Alt-A loans, a class of mortgages for borrowers who cannot document all their income and assets.
These Alt-A mortgages include loans to people with spotty credit histories and so-called "liar's loans, " which do not require borrowers to fully document income or assets on their loan application.
But even after learning about the defectiveness of the loans, Bear Stearns "went on to issue over 30 sub-prime and Alt-A securitisations that included AHM loans", says the attorney general.
First, new foreclosures are still coming in huge numbers, thanks to record levels of negative equity (around one in five homeowners with a mortgage), and Alt-A mortgage resets still haven't peaked.
Her natural targets other big banks with units that underwrote large amounts of subprime, Alt-A, or option ARM mortgage-backed securities during the housing boom include JPMorgan Chase , Royal Bank of Scotland , Wells Fargo , Deutsche Bank, Credit Suisse, Morgan Stanley , Citigroup , Goldman Sachs and Ally Financial.
In 25 years, SXSW has mushroomed from a tiny music festival run by the local alt-weekly to a ten-day extravaganza attended by some 49, 000 people that, together with spring-break traffic, causes unholy traffic jams on Interstate 35 into and out of Austin (and has turned those same editors into decidedly wealthy entrepreneurs).
The Jayhawks' members were alt-country flag-bearers back when being an alt-country flag-bearer was still a big deal.
Alt-week takes a look at the best science and alternative tech stories from the last seven days.
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After a decade of virtual alt-car segment exclusivity--a packaged goods eternity--Toyota finally has its own, genuine YoPlus thorn in its side.
Listen to Radiohead's 1993 debut "Pablo Honey, " for example: It's a nice alt-rock album, but it doesn't come close to suggesting how dynamic and adventurous the band would become.
To add a new line inside of a cell type Alt-Enter for Excel on PC, Option-Command-Enter for Excel on Mac, Ctrl-Enter for Google Docs on Mac.
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Alt-J 's debut, "An Awesome Wave" (Canvasback), mixes alt-rock, electronica, experimental a cappella vocals and folk in a clever album that zigs and zags with each track.
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Molly's vocal talents include hints of Sophie Ellis Bextor whilst showing the Debbie Harry influences complimented by the bands funky bass riffs and energised drum and keyboard samples to present a layered, alt-pop rhythm that at times highlights them as The Long Blonds funkier cousins.
Alt A loans are somewhat in-between prime and subprime mortgages on the risk scale.
One hopeful sign: Thursday night's showcase at the Belmont in the Warehouse district featured a dream lineup including Alt-J, Atlas Genius, Frightened Rabbit, Guards and the Joy Formidable the kind of groups that might be associated with indie rock.
Marci Alt said she would like Chick-fil-A President Dan Cathy to meet her wife and their two children.
If the icon doesn't provide a menu, press Ctrl-Alt-Delete, select the name of the tray application, and click the End Task button.
W. Alt at 14 Queen Victoria Street, East Central - a building no longer around after the remains of a Roman Temple found nearby were moved to the site and renamed Temple Court.
Nada Surf has been plugging away since the mid-'90s, beginning as an alt-rock one-hit wonder (with the novelty song "Popular") and ultimately morphing into a rare creature: an indie-pop band that traffics in uplift and empathy.
Literary alt-history is still relatively scarce, but it has begun a noticeable expansion.
One of the shrewdest alt-fuel marketing moves Toyota made early on was to create a sub-brand for its hybrid engine technology, with the Hybrid Synergy Drive badge that appears on every Toyota hybrid vehicle.
She moved to London to work the 'alt-folk' and singer-songwriter circuits, although in a fairly unfolky manner she's attracted the attention of Bauhaus's Peter Murphy and Mike Mason of Swallow (1990s 4AD act), who both speak highly of her.
For the first time, BBC 6 Music has a stage at Latitude and will host acts including Alt-J, Modest Mouse and Beach House.
Alt-J and Mumford And Sons are also up for best British group, a shortlist that also takes in stadium rock with Muse, teen pop with One Direction and atmospheric indie with The xx.
With an eclectic mix of electro and alt-pop influences ranging from Blondie to Daft Punk, Marble Fairy's sound packs a disco-funk punch.
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