Bank of America sued over mortgage fraud

  • 12 years ago
US government prosecutors are going after some of those accused of selling sub-prime mortgages, the trigger for the bank meltdown that led to the financial crisis.

Bank of America faces a $1 billion civil lawsuit for fraud over the activities of the mortgage firm Countrywide, which the bank bought in 2008.

...
http://www.euronews.net/

Recommended