Comment on BofA, US Bancorp face mtge. suit

BofA, US Bancorp face mtge. suit

Bank of America and US Bancorp must face some claims in a lawsuit brought by a pension fund that contends the banks failed in their responsibilities to protect mortgage-bond investors. Manhattan federal court judge Katherine Forrest ruled yesterday that the Policemen’s Annuity and Benefit Fund of the City of...

 

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