Thursday, November 24, 2016

DOJ gives up in fight over massive Bank of America, Countrywide 'Hustle' fine

The fight between Bank of America and the federal government over the $1.27 billion penalty levied against Bank of America in a fraud case over defective mortgages sold by Countrywide in the run-up to the housing crisis is now officially over. And the victor is Bank of America.

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