Monday, April 29, 2013

FOXBusiness.com: Bank Of America Asks Judge to Throw Out U.S. Lawsuit Over Countrywide Mortgages

FOXBusiness.com
FOX Business Network - The Power to Prosper
Bank Of America Asks Judge to Throw Out U.S. Lawsuit Over Countrywide Mortgages
Apr 30th 2013, 00:54

Bank of America Corp. (BAC) asked a federal judge on Monday to dismiss a civil lawsuit by federal prosecutors over the quality of home loans sold by its Countrywide Financial unit to mortgage-finance firms Fannie Mae (FNMA) and Freddie Mac (FMCC) in the buildup to the U.S. financial crisis.

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