BofA Says FDIC's $283M MBS Suit Is Time-Barred

By Ciaran McEvoy · June 11, 2013, 8:59 PM EDT

Countrywide Securities Corp. and successor Bank of America Corp. urged a California federal judge Tuesday to toss the Federal Deposit Insurance Corp.'s $283 million lawsuit alleging they duped now-defunct Colonial Bank...

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Case Information

Case Title

In Re Countrywide Financial Corp Mortgage-Backed Securities Litigation

Case Number

2:11-ml-02265

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

August 30, 2011

Case Title

Federal Deposit Insurance Corporation v. Countrywide Securities Corporation et al

Case Number

2:12-cv-08317

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

September 26, 2012