BofA under probe over U.S. housing program, forex

(Reuters) - Bank of America Corp may have a new mortgage problem on its plate, saying on Tuesday that federal investigators are looking into whether the bank violated requirements of a U.S. government housing program. The second-largest U.S. bank said the civil division of the U.S. Attorney's Office for the Eastern District of New York in Brooklyn is investigating Bank of America's compliance with the rules of the Federal Housing Administration's Direct Endorsement Program. Bank of America made the disclosure in its annual report filed on Tuesday with the U.S. Securities and Exchange Commission. Spokesmen for Bank of America and U.S. Attorney Loretta Lynch declined to provide additional details on the probe.

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