BofA Faces More U.S. Claims on Jumbo Mortgage Deals, CDOs

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Mark Williams, School of Management

Bank of America Corp. said federal and state agencies plan to press more civil claims tied to mortgage and debt offerings, signaling the firm faces another round of legal battles tied to home loans and underwriting…

Expert quote:

“It’s like they’ve stepped in something that they can’t get off their foot; they’re having a hard time shaking off the activities that helped caused the financial crisis.”

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