UPDATE 1-GE says it may face U.S. action over subprime mortgage operations
February 23, 2018 at 18:32 PM EST
NEW YORK, Feb 23 (Reuters) - General Electric Co faces potential action by the U.S. Justice Department over allegations that its GE Capital unit and now defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages, according to a regulatory filing on Friday.