NEW YORK (Reuters) – A federal judge on Wednesday ordered Bank of America Corp (BAC.N) to pay a $1.27 billion penalty for fraud over shoddy mortgages sold by the former Countrywide Financial Corp.
U.S. District Judge Jed Rakoff in Manhattan ruled after a jury last October found the...
Bank of America ordered to pay $1.27 billion for "Hustle" fraud
Wednesday, July 30, 2014
Bank of America ordered to pay $1.27 billion for "Hustle" fraud
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