SEC accuses former Fannie Mae, Freddie Mac bosses

Six former top ex­ec­ut­ives of hous­ing fin­ance gi­ants Fan­nie Mae and Fred­die Mac were ac­cused of se­cur­it­ies fraud Fri­day by fed­er­al reg­u­lat­ors for al­legedly mis­lead­ing in­vestors about the size of the com­pan­ies’ risky subprime mort­gage hold­ings.