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Tag Archives: legal expert

Banks: Mortgage Fraud Lawsuits May Erode Billions From Their Coffers

Bank of America’s (BoA) Major banks are slated to lose billions because of lawsuits filed against them on charges of selling undervalued mortgage-backed securities (MBS) through shady marketing tactics. A federal court of the U.S has already pronounced a judgment saying those banks which have been convicted of fraud are liable to pay as much as $250 billion in order ... Read More »