Did banks defraud veterans?

Thursday - 10/20/2011, 11:31am EDT

Bill Bransford, partner, Bransford, Shaw and Roth

Download mp3

More than a dozen banks are accused of defrauding veterans out of millions of dollars. A recently unsealed whistleblower lawsuit claims the banks hid illegal fees in veterans' home refinancing loans.

Bill Bransford, a partner at Shaw, Bransford and Roth joined the Federal Drive with Tom Temin and Amy Morris to discuss the latest developments.

Bransford discussed what veterans need to know about securing loans and what do if they feel they're being cheated.