Bank of America Wins a Round in Litigation Over Countrywide MBS, But Lawsuits Keep Coming
June 10, 2011
Bank of America successfully turned back a class-action lawsuit filed by disgruntled investors in Countrywide MBS, but new cases stemming from the collapse of the non-agency mortgage market continue to be filed. According to Judge Mariana Pfaelzers dismissal order in the U.S. District Court of the Central District of California, BofA and its...