© 2021 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Judge Dismisses Countrywide Bank-Related Lawsuit Against BofA

Bank of America has scored a big victory in federal court. A judge in Los Angeles has dismissed a lawsuit filed by investors who bought mortgage-back securities from Countrywide Bank, Bloomberg reports. BofA acquired Countrywide in the summer of 2008. Read the Bloomberg report here.