Allstate sues BofA and Mozilo over Countrywide losses

Started by emirate, Dec 30, 2010, 07:01 AM

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emirate

Dec 30, 2010, 07:01 AM
NEW YORK (Reuters) - Allstate Corp has sued Bank of America Corp, its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the risks on more than $700 million of mortgage securities it bought from Countrywide.

Allstate sues BofA and Mozilo over Countrywide losses


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