BofA Loses Its Bid To Use Countrywide Docs In MBS Row

Law360, New York (February 14, 2014, 7:24 PM EST) -- A New York federal judge on Friday refused to reconsider an order barring Bank of America Corp. from using documents produced in separate proceedings to defend itself against a suit alleging the bank misrepresented billions of dollars in mortgage-backed securities sold to Fannie Mae and Freddie Mac.

U.S. District Judge Denise Cote denied a motion by BofA and its Merrill Lynch units to reconsider her Jan. 8 order denying their use of documents produced in the Federal Housing Finance Agency’s California litigation against Countrywide Financial Corp. over...
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