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» BofA Hit with Lawsuits from DOJ, SEC on Non-Agency Jumbo MBS
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BofA Hit with Lawsuits from DOJ, SEC on Non-Agency Jumbo MBS
August 7, 2013
Brandon Ivey
The SEC said the deal has taken nearly $70 million in losses – the greatest loss rate of any comparable securitization from Bank of America. An additional $50 million in losses are expected.
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