Tuesday, July 5, 2011

MBIA may pursue fraud claim vs BofA's Countrywide (Reuters)

Reuters - MBIA Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20110630/bs_nm/us_bankofamerica_countrywide_mbia

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