Feds Say Countrywide Hawked Bad Loans To Fannie, Freddie

By Richard Vanderford · September 24, 2013, 7:51 PM EDT

Bank of America Corp. unit Countrywide Financial Corp. issued thousands of bad mortgages then sold them to Freddie Mac and Fannie Mae, government lawyers told jurors Tuesday, opening a long-awaited fraud...

To view the full article, register now.

Case Information

Case Title

United States of America ex rel. Edward O'Donnell

Case Number

1:12-cv-01422

Court

New York Southern

Nature of Suit

Banks and Banking

Date Filed

February 24, 2012