New York Times |
Jury: BofA liable for Countrywide mortgage fraud
USA TODAY NEW YORK — Bank of America was found liable for fraud Wednesday for a program — dubbed "the Hustle" — that caused millions in losses to federally backed mortgage finance firms Fannie Mae and Freddie Mac amid fallout from the financial crisis. Jury Finds Bank of America Liable in Mortgage Program Nicknamed the 'Hustle' Bank of America liable for Countrywide mortgage fraud Bank of America is found liable for Countrywide fraud |