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Tag: Appeals court

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Appeals court throws out Bank of America $1.27 billion penalty 

May 23, 2016May 27, 2016 Elin

A U.S. appeals court today threw out a $1.27 billion penalty levied against Bank of America in connection with shoddy mortgages sold by the former subprime giant Countrywide.The loans in question were … Continue reading Appeals court throws out Bank of America $1.27 billion penalty 

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