BofA Loses Evidence Ruling in MBIA Fraud Suit Over $21 Billion in Coverage

BofA Loses Evidence Ruling in MBIA Fraud Suit Over Billion in Coverage
MBIA Inc. can use statistical sampling to pursue repurchase demands against Bank of America Corp. in a lawsuit claiming MBIA was fraudulently induced to insure $ 21 billion in mortgage-backed securities, a judge said.
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