Judge Unseals Down Payment Gift Suit Against BofA, Others

By Kelly Rizzetta (January 10, 2013, 9:03 PM EST) -- A California federal judge on Wednesday unsealed a qui tam complaint that accuses lenders Bank of America Corp., Countrywide Home Loans Inc. and others of False Claims Act violations for endorsing for federal insurance mortgages that fraudulently forced home buyers to pay back down payment gift fees....

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