Comment on Bank of America ordered to pay $1.27 billion for Countrywide fraud

Bank of America ordered to pay $1.27 billion for Countrywide fraud

NEW YORK (Reuters) - A federal judge on Wednesday ordered Bank of America Corp to pay $1.27 billion of damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit.

 

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