U.S. district judge Jed Rakoff has refused to toss a government lawsuit accusing Bank of America Corp and its subsidiary Countrywide of fraudulently selling defective mortgages to Fannie Mae and Freddie Mac. BofA and Countrywide are being represented by Williams & Connolly and Goodwin Procter respectively.
Government Can Pursue Suit Against BofA, Countrywide
The Litigation Daily
August 27, 2013