Setback for Bank of America in a Lawsuit Filed by MBIA
A New York judge lowered the burden of proof on the bond insurer to show that Countrywide Financial had committed fraud in inducing MBIA to insure mortgage-backed securities.
Setback for Bank of America in a Lawsuit Filed by MBIA
A New York judge lowered the burden of proof on the bond insurer to show that Countrywide Financial had committed fraud in inducing MBIA to insure mortgage-backed securities.
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