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B of A’s Countrywide Asks Judge to Reject U.S. Claim for $2B

B of A’s Countrywide Asks Judge to Reject U.S. Claim for $2B

Lawyers for Bank of America Corp.'s Countrywide unit and the U.S. government returned to a federal courtroom today to spar over whether the bank owes nothing—or as much as $2 billion—for selling thousands of defective mortgage loans to Fannie Mae and Freddie Mac.

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