Holding Bank of America (BAC) liable for its now-subsidiary Countrywide Financial Corp., which allegedly hid problems with billions of dollars worth of mortgage-backed securities insured by MBIA Inc., will scare off financial firms from ever rescuing distressed companies, the bank told a New York state judge.
0 minute read“Enormously dangerous step” to hold BofA liable for Countrywide
January 11, 2013, 1:56pm
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
