Justice Dept. Sues Bank of America Over Mortgage Securities – New York Times


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Justice Dept. Sues Bank of America Over Mortgage Securities
New York Times
The Justice Department sued Bank of America on Tuesday, accusing the bank of defrauding investors by vastly understating the risks of the mortgages backing some $850 million in securities. The lawsuit adds to the hefty legal burden of the bank, which
US accuses Bank of America of mortgage-backed securities fraudChicago Tribune
Feds: Bank of America lied about mortgagesCBS News
Bank of America accused of misleading investorsUSA TODAY
Fortune (blog) -NPR
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