(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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Posted by Unknown on Wednesday, July 30, 2014
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» Insurance, Loans, Credit, Mortgage, Banking accounts: Bank of America ordered to pay $1.27B for Countrywide fraud
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