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BofA $1.2B ‘Hustle’ Judgment Tossed by Appeals Court

BofA $1.2B ‘Hustle’ Judgment Tossed by Appeals Court

Bank of America Corp.’s Countrywide Financial unit was exonerated of allegations that it sold defective residential mortgage loans to Fannie Mae and Freddie Mac with an appeals court throwing out a judgment against the bank of more than $1.2 billion.

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