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Why is the Government Suing Bank of America Over Countrywide Mortgage?

Why is the Government Suing Bank of America Over Countrywide Mortgage?

The federal government has poured billions of taxpayer dollars into Freddie Mac and Fannie Mae to keep them from failing completely as a result of the financial crisis and home mortgage meltdown of 2008. The lawsuit filed against Bank of America alleges that some fraudulent loan origination practices contributed to … Continue reading →

Posted on February 2, 2013 by DBA · Leave a comment
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