Investors Accuse Bank of America?s Countrywide of Massive Fraud - Surety Bond Forums

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01-26-2011, 12:44 AM

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Investors Accuse Bank of America?s Countrywide of Massive Fraud

Bank of America Corp.’s Countrywide mortgage unit has been sued by investors claiming they were victimized in a “massive fraud” when they bought mortgage-backed securities. The lawsuit was filed on Monday in a New York state court by 12 plaintiffs …

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