NEW YORK (Reuters) – A federal judge on Wednesday ordered Bank of America Corp (BAC.N) to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit.
U.S. District Judge Jed Rakoff in...
Bank of America ordered to pay $1.27 billion for Countrywide fraud
Wednesday, July 30, 2014
Bank of America ordered to pay $1.27 billion for Countrywide fraud
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