Our figure can only take account of finalized investigations and pending lawsuits, so it may become significantly higher. Despite the massive damage caused by fraudulent bank practices, in many cases, their fine amounted to only $300 per household concerned, [ 4 ] although there were cases in which it reached $1,500 to $2,000. Other allegations made against the banks concern the sale of structured products or mortgage backed securities MBS Mortgage Backed Securities See ABS., which were sold by banks to home loan mortgage companies such as Freddie Mac and Fannie Mae.