{"id":90327,"date":"2013-11-10T18:08:06","date_gmt":"2013-11-10T17:08:06","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/breaking-news\/us-seeks-864m-from-bank-of-america-after-mortgage-fraud-verdict\/"},"modified":"2013-11-10T18:08:06","modified_gmt":"2013-11-10T17:08:06","slug":"us-seeks-864m-from-bank-of-america-after-mortgage-fraud-verdict","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/breaking-news\/us-seeks-864m-from-bank-of-america-after-mortgage-fraud-verdict\/","title":{"rendered":"US seeks $864m from Bank of America after mortgage fraud verdict"},"content":{"rendered":"<p><strong><a target=\"_blank\" href=\"http:\/\/www.theguardian.com\/business\/2013\/nov\/09\/bank-of-america-us-864m-mortgage-verdict\">Reuters<\/a><\/strong><br \/>November 10, 2013<\/p>\n<p>The US government has urged that Bank of America Corp pay $863.6m in damages after a federal jury found it <a target=\"_blank\" href=\"http:\/\/www.theguardian.com\/business\/2013\/oct\/23\/bank-of-america-countrywide-guilty-fraud\">liable for fraud over defective mortgages sold by its Countrywide unit<\/a>.<\/p>\n<p>In a filing late Friday in the US district court in Manhattan, the government also asked for penalties against Rebecca Mairone, a former midlevel executive at the bank&#8217;s Countrywide unit who the jury also found liable, &ldquo;commensurate with her ability to pay&rdquo;.<\/p>\n<p>The government said the penalties were necessary to punish the bank and Mairone &ldquo;and to send a clear and unambiguous message that mortgage fraud for profit will not be tolerated&rdquo;.<\/p>\n<p><\/a><\/p>\n<p>This article was posted: Sunday, November 10, 2013 at 11:52 am<\/p>\n<p>Tags: <a target=\"_blank\" href=\"http:\/\/www.infowars.com\/tag\/financial\/\" rel=\"tag\">financial<\/a><\/p>\n<hr>\n<hr>\n<hr>\n<hr>\n<p>Source: <a href=\"http:\/\/www.infowars.com\/us-seeks-864m-from-bank-of-america-after-mortgage-fraud-verdict\/\" target=\"_blank\" title=\"US seeks $864m from Bank of America after mortgage fraud verdict\">Infowars<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ReutersNovember 10, 2013 The US government has urged that Bank of America Corp pay $863.6m in damages after a federal jury found it liable for fraud over defective mortgages sold by its Countrywide unit. In a filing late Friday in the US district court in Manhattan, the government also asked for penalties against Rebecca Mairone, [&hellip;]<\/p>\n","protected":false},"author":1213,"featured_media":90328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[487],"tags":[],"class_list":{"0":"post-90327","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/90327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1213"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=90327"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/90327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media\/90328"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=90327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=90327"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=90327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}