Feds give up trying to hold Bank Of America accountable for Countrywide’s “Hustle” mortgage scam
By Chris Morran From Consumerist A nasty four-year legal battle between the Justice Department and Bank of America over a massive mortgage-related scam run by Countrywide Financial has come to a whimpering conclusion, with the DOJ opting to not appeal…
DOJ finally confirms record-setting $16.65b settlement with Bank Of America
By Chris Morran From Consumerist More than two weeks after it was first reported that the Justice Dept. and Bank of America were coming to terms on a record-setting deal worth nearly $17 billion, the two parties have finally confirmed…