Bank of America’s subprime lender Countrywide found guilty of mortgage fraud

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The Raw Story - 10/23/13, Agence France-Presse

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The verdict comes as the US continues to press ahead with litigation against giant banks over their handling of mortgages and mortgage-backed securities ahead of the 2008 financial crisis.

The Justice Department and JPMorgan Chase are currently in negotiations over a multi-billion settlement

More: RawStory.com

 

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