FDIC 'No Value' Ruling Blocks BofA's $1.7B Suit, Judge Says

FDIC 'No Value' Ruling Blocks BofA's $1.7B Suit, Judge Says

A "no value" determination by the Federal Deposit Insurance Corp. — if it's legal — puts an end to Bank of America Corp.'s $1.75 billion lawsuit stemming from the alleged fraud at Taylor Bean & Whitaker Mortgage Corp ...read more

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