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Class Cert. Granted In BofA, Countrywide Appraisal Suit

By Jon Hill (February 8, 2018, 9:37 PM EST) -- A California federal judge has certified a nationwide class of borrowers accusing Countrywide Financial Corp. of using inflated real estate appraisals to juice its loan origination business during the mid-2000s, turning back arguments from the company and its successor Bank of America that the borrowers won't be able to back up their racketeering claims with common proof....

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