Relevant:
- BNY Mellon Broke New York Law, Misled Investors on Mortgages, State Claims
- Credit Suisse must face $10 billion N.Y. mortgage-fraud lawsuit
- Bank of America Sued by Walnut Place Over Mortgage-Backed Securities
- Very quietly, Countrywide, BofA settle 5 investors' MBS fraud suits
- Ambac Sues Countrywide, Alleging False Information On MBS
2011-01-26 — bizjournals.com
"A new allegation claims Bank of America's Countrywide mortgage operation committed "massive fraud" in a lawsuit by big investors who say they were misled about the quality of mortgage-backed securities.
A dozen institutional investors, including TIAA-CREF Life Insurance Co. and New York Life Insurance Co., filed the complaint Jan. 24 in New York state Supreme Court, according to Bloomberg News."
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