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- Ambac sues Bank of America over Countrywide mortgage bonds
Posted by : A
31/12/2014
NEW YORK (Reuters) - Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from the bank's Countrywide Home Loans unit.
source Reuters: Business News http://ift.tt/1xyEKlt
source Reuters: Business News http://ift.tt/1xyEKlt