Bank of America Requests Judge Leniency in $1.3B Mortgage Case

Hopefully, Judge Rakoff upholds the jury verdict.

Justice League

Bank of America is asking for leniency from a federal judge regarding the jury verdict in a separate mortgage fraud ruling. The district judge had ordered the big bank to pay $1.3 billion after a jury found its Countrywide unit guilty of fraudulent mortgage loans to Fannie Mae and Freddie Mac.

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