Tuesday, August 6, 2013

U.S. Sues Bank Of America Over Mortgage-Backed Securities

The government alleges Bank of America mislead investors in the lead-up to the housing bust. The suit covers about $850 million worth of mortgage-backed securities from 2008.

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Source: http://www.npr.org/blogs/thetwo-way/2013/08/06/209582557/u-s-sues-bank-of-america-over-mortgage-backed-securities?ft=1&f=1070

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