Tag: Bank of America. fraud

Government mortgage fraud lawsuit against BofA headed to trial

A U.S. government lawsuit accusing Bank of America Corp (BAC.N) of fraud in the sale of billions of dollars of toxic mortgage loans to Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) is on track to go to trial next month after a judge rejected the bank’s bid to dismiss the […]