BofA Wants Verdict Scrapped In $1.3B Mortgage Fraud Case

BofA Wants Verdict Scrapped In $1.3B Mortgage Fraud Case

Bank of America Corp. urged a New York federal judge on Thursday to toss a jury’s verdict finding that the bank’s Countrywide Financial unit defrauded Fannie Mae and Freddie Mac with faulty mortgages — for which BofA was fined $1.3 billion ...read more

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