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BofA wants FDIC MBS case tossed

Countrywide Securities Corp. and successor Bank of America Corp. (BAC) urged a California federal judge to toss the Federal Deposit Insurance Corp.‘s $283 million lawsuit, alleging they duped now-defunct Colonial Bank into buying doomed mortgage-backed securities, Law360 reports.

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TheGathering2024-AJ-1341
Kristen Sieffert leads the reverse mortgage presence at The Gathering 

FOA’s president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona.

3d rendering of a row of luxury townhouses along a street

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