Rakoff Casts Doubt On Gov't Claims In $1B BofA Fraud Suit

By Richard Vanderford · April 29, 2013, 10:58 PM EDT

A federal judge on Monday indicated that he had doubts about an aspect of the government's $1 billion suit against Bank of America Corp. over allegedly bad mortgages, questioning its novel...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

United States of America ex rel. Edward O'Donnell

Case Number

Court

New York Southern

Nature of Suit

Banks and Banking

Date Filed

February 24, 2012

Recent Articles By Richard

January 28, 2014
Goldman Sachs Can't Force MBS Dispute To Arbitration
January 28, 2014
UBS Analyst's Whistleblower Claims Sent To Arbitration
January 08, 2014
WMC Can't Dodge Freddie Suit Over $1B Mortgage Pool
December 05, 2013
$1M Fine Against BofA May Be Too Low, Judge Says
November 22, 2013
Credit Suisse Criticized As Banker Gets 30 Month Sentence
October 15, 2013
Ex-Countrywide Exec Denies Cheating Fannie And Freddie
October 04, 2013
States Push To Fight S&P MBS Ratings Case On Home Turf
October 02, 2013
BNP Paribas Seeks To Amend Claims In $1.6B MBS Brawl
September 27, 2013
LinkedIn Search Nearly Upends BofA Mortgage Fraud Trial
September 24, 2013
Feds Say Countrywide Hawked Bad Loans To Fannie, Freddie