Bank Of America Sued For Over $1bn 'Hustle'

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Preet Bharara, the United States Attorney for the Southern District of New York, Steve A. Linick, the Inspector General of the Federal Housing Finance Agency, and Christy L. Romero, the Special Inspector General for the Troubled Asset Relief Program, have announced that the United States has filed a civil mortgage fraud lawsuit against BANK OF AMERICA CORPORATION and its predecessors Countrywide Financial Corporation and Countrywide Home Loans, Inc.