Bank of America Beats Reinsurance Kickback RICO Suit

By Y. Peter Kang (November 22, 2016, 9:22 PM EST) -- A Pennsylvania federal judge on Tuesday tossed a proposed class action accusing Bank of America Corp. of unlawfully referring borrowers to private mortgage insurance providers in exchange for kickbacks, saying the Racketeer Influenced and Corrupt Organizations Act claims were time-barred....

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