Bank of America Corp. won dismissal of a lawsuit that sought to force the bank’s Countrywide unit to buy back the full unpaid balance of mortgages it had sold to investor trusts. New York state Supreme Court Justice Barbara Kapnick ruled that the plaintiffs failed to meet the preconditions required under the trusts’ pooling and service agreements for bringing a suit, including the support of 25% of certificate holders.
Christine was a reporter with HousingWire through August 2011.see full bio
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Christine was a reporter with HousingWire through August 2011.see full bio
