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View Full Version : Bank of America goes to trial over US mortgage fraud charges - Reuters



FraudNews
09-24-2013, 03:10 AM
Bank of America goes to trial over US mortgage fraud charges (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHeCnoYkKnkLFwnuNwyA64XTLNumQ&url=http://www.reuters.com/article/2013/09/23/us-bankofamerica-hustle-idUSBRE98M11H20130923)
Reuters
The result was "rampant instances of fraud and other serious loan defects," including in the mortgages sold to Fannie and Freddie, despite assurances Countrywide had tightened underwriting guidelines, the Justice Department said. The process was ...

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