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Countrywide, acquired by the Charlotte, N.C.-based Bank of America in the wake of the 2008 financial collapse, accounts for most of the allegations of wrongdoing against BofA.
August 21, 2014 The nation's second-largest bank has agreed to pay nearly $17 billion to settle allegations that it misled investors into buying toxic mortgage-backed securities.
U.S. Attorney Preet Bharara applauded a judge's ruling in a major fraud case.
July 30, 2014 A jury had found the bank liable for fraud related to mortgages sold by its Countrywide Financial unit last October. Bank of America may appeal.
July 5, 2012 The mortgage giant sought to buy influence in Washington with discounts given to lawmakers and their aides, a new House report concludes. It also says Countrywide may have "skirted the federal bribery statute."
March 16, 2012 A former employee describes what life was like inside a giant mortgage lender back in 2006. It's not pretty.
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June 29, 2011 Institutional investors said that BofA's Countrywide unit ran up fees as it continued to service bad loans that should have been foreclosed.
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