Bank of America’s subprime lender Countrywide found guilty of mortgage fraud [1]
The Raw Story - 10/23/13, Agence France-Presse
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 [2]
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- Freedom Project [5]