Bank of America's litigation nightmare stemming from the mortgage meltdown got even worse on Wednesday, when federal prosecutors in Manhattan filed their own $1 billion complaint in an eight-month-old False Claims Act suit accusing the company of selling shoddy loans to Fannie Mae and Freddie Mac.
Williams & Connolly, Goodwin Procter on Defense in $1 Billion BofA Mortgage Fraud Case
The Litigation Daily
October 24, 2012
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