US Gov’t Takes Bank Of America To Court And Wins, Jury Finds Countrywide Liable For Fraud

The U.S. Department of Justice is looking to get $848 million out of Bank of America liable because of defrauding Fannie Mae and Freddie Mac when its Countrywide unit sold it bad mortgages. The BofA case was brought by US Attorney for the Southern District … Continue reading US Gov’t Takes Bank Of America To Court And Wins, Jury Finds Countrywide Liable For Fraud