Reuters: Business News: 'Massive fraud' at center of trial against BofA over U.S. mortgages

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'Massive fraud' at center of trial against BofA over U.S. mortgages Sep 24th 2013, 23:03 NEW YORK (Reuters) - Bank of America Corp's Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. government lawyer said on Tuesday.

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