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Judge Orders Bank Of America To Pay $1.3 Billion Fine

U.S. Attorney Preet Bharara applauded a judge's ruling in a major fraud case. Richard Drew/AP hide caption

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The Two-Way

Judge Orders Bank Of America To Pay $1.3 Billion Fine

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.

The Two-Way

Countrywide Gave Lawmakers, Officials Hundreds Of Discount Loans

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."

Planet Money

A Former Mortgage Exec Speaks Out

March 16, 2012 • A former employee describes what life was like inside a giant mortgage lender back in 2006. It's not pretty.

A Former Mortgage Exec Speaks Out

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The Two-Way

Bank Of America To Pay $8.5 Billion To Settle Mortgage Claims

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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