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Reliable Insurance Managers, Inc. Blog: investors

View the latest blog posts from Reliable Insurance Managers, Inc..

Wednesday, January 26, 2011

Investors Accuse Bank of America’s Countrywide of Massive Fraud

Bank of America Corp.’s Countrywide mortgage unit has been sued by investors claiming they were victimized in a “massive fraud” when they bought mortgage-backed securities. The lawsuit was filed on Monday in a New York state court by 12 plaintiffs including the TIAA-CREF fund family, New York Life Insurance Co. READ MORE >>
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