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Bank of America Ordered to Pay $1.3 Billion for Countrywide Fraud
| Ren Benavidez | | Jul 31, 2014 04:33 AM EDT |
The Bank of America was ordered to pay US$1.3 billion by a federal judge on Wednesday for taking part in selling risky mortgages to government-sponsored enterprises, Fannie Mae and Freddie Mac.
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