Number of banks facing charges from Freddie Mac over the Libor scandal. The GSE is suing Barclays, Bank of America, Citibank, and nine others over “investment losses related to alleged rate-rigging practices.” The Federal Housing Finance Agency (FHFA) reported last December that Freddie Mac and Fannie Mae could have lost more than $3 billion as a result of rate-rigging and deceptions by these lenders.