US seeks $ 864M from Bank of America over Countrywide loans
November 10, 2013
| indystar.com Federal prosecutors want Bank of America Corp. to pay about $864 million over losses incurred by the government after it bought thousands of home loans ... A jury last month found Bank of America Corp., which acquired Countrywide in 2008, liable for knowingly selling thousands of bad home loans ...
Davenport real estate attorney loses license
November 23, 2013
| DesMoinesRegister.com The buyers defaulted on the home loans after the 2008 market crash, causing a loss to the lenders of $393,000. Engelmann testified that he believed it was appropriate, if...
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