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At one point, the head of underwriting at Countrywide wrote an alarmed e-mail, with a list of questions from employees, such as, does “the request to move loans mean we no longer care about quality?

”The executive in charge of the decision, Rebecca Mairone, replied, “So - it sounds like it may work. ”To federal prosecutors—and to a jury in Manhattan—the hustle sounded like fraud. Circuit Court of Appeals looked at that judgment and asked this question: If an entity (in this case, a bank) enters into a contract pure of heart and only deceives its partners afterward, is that fraud? Bank of America is no longer required to pay the judgment. Attorney’s Office for the Southern District of New York, which brought the case in 2012, used an ingenious strategy, charging the bank under a law dating from the savings-and-loan crisis of the late nineteen-eighties, called Financial Institutions Reform, Recovery and Enforcement Act, or .

And in 2013, Bank of America, which had by then taken over Countrywide, was found liable for fraud and later ordered to pay a

At one point, the head of underwriting at Countrywide wrote an alarmed e-mail, with a list of questions from employees, such as, does “the request to move loans mean we no longer care about quality?”The executive in charge of the decision, Rebecca Mairone, replied, “So - it sounds like it may work. ”To federal prosecutors—and to a jury in Manhattan—the hustle sounded like fraud. Circuit Court of Appeals looked at that judgment and asked this question: If an entity (in this case, a bank) enters into a contract pure of heart and only deceives its partners afterward, is that fraud? Bank of America is no longer required to pay the judgment. Attorney’s Office for the Southern District of New York, which brought the case in 2012, used an ingenious strategy, charging the bank under a law dating from the savings-and-loan crisis of the late nineteen-eighties, called Financial Institutions Reform, Recovery and Enforcement Act, or .And in 2013, Bank of America, which had by then taken over Countrywide, was found liable for fraud and later ordered to pay a $1.27 billion judgment to the government. The Bank of America case was a rare outcome in the collapse of the financial system: a firm whose actions had contributed to the crisis was held to account by a court of law. And the government actually identified a human being, Rebecca Mairone, claiming she defrauded Fannie and Freddie.Though it was a civil action, rather than a criminal one, the case actually went to trial—unusual in this day and age—and the jury found Bank of America and Mairone liable.The bank called it the “high-speed swim lane,” or H. Unlike the Wall Street banks, Fannie and Freddie insured the loans, so they demanded only the ones of the highest quality.But by that time, borrowers with high credit scores were getting scarcer, and Countrywide faced the prospect of collapsing revenue and profits.

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At one point, the head of underwriting at Countrywide wrote an alarmed e-mail, with a list of questions from employees, such as, does “the request to move loans mean we no longer care about quality?

”The executive in charge of the decision, Rebecca Mairone, replied, “So - it sounds like it may work. ”To federal prosecutors—and to a jury in Manhattan—the hustle sounded like fraud. Circuit Court of Appeals looked at that judgment and asked this question: If an entity (in this case, a bank) enters into a contract pure of heart and only deceives its partners afterward, is that fraud? Bank of America is no longer required to pay the judgment. Attorney’s Office for the Southern District of New York, which brought the case in 2012, used an ingenious strategy, charging the bank under a law dating from the savings-and-loan crisis of the late nineteen-eighties, called Financial Institutions Reform, Recovery and Enforcement Act, or .

And in 2013, Bank of America, which had by then taken over Countrywide, was found liable for fraud and later ordered to pay a $1.27 billion judgment to the government. The Bank of America case was a rare outcome in the collapse of the financial system: a firm whose actions had contributed to the crisis was held to account by a court of law. And the government actually identified a human being, Rebecca Mairone, claiming she defrauded Fannie and Freddie.

Though it was a civil action, rather than a criminal one, the case actually went to trial—unusual in this day and age—and the jury found Bank of America and Mairone liable.

The bank called it the “high-speed swim lane,” or H. Unlike the Wall Street banks, Fannie and Freddie insured the loans, so they demanded only the ones of the highest quality.

But by that time, borrowers with high credit scores were getting scarcer, and Countrywide faced the prospect of collapsing revenue and profits.

.27 billion judgment to the government. The Bank of America case was a rare outcome in the collapse of the financial system: a firm whose actions had contributed to the crisis was held to account by a court of law. And the government actually identified a human being, Rebecca Mairone, claiming she defrauded Fannie and Freddie.

Though it was a civil action, rather than a criminal one, the case actually went to trial—unusual in this day and age—and the jury found Bank of America and Mairone liable.

The bank called it the “high-speed swim lane,” or H. Unlike the Wall Street banks, Fannie and Freddie insured the loans, so they demanded only the ones of the highest quality.

But by that time, borrowers with high credit scores were getting scarcer, and Countrywide faced the prospect of collapsing revenue and profits.

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From September all the way to February, avid football fans dedicate every Sunday (and often even Thursdays and Mondays) to their sport and team of choice.SEE ALSO: Top NFL Draft prospect sounds off on college sports: 'Football and school don't go together'A bachelor or bachelorette being a fan of your team's rival would cause some serious issues for many, but especially for Baltimore Ravens supporters: 50% of Ravens fans surveyed said they would refuse to date a fan of their division rival Pittsburgh Steelers.Another 42% would absolutely not date fans of the New England Patriots, who the Ravens often run into during the postseason.Listed below are some of the lesser known gathering locals for the greatest fans in the NFL.He surpassed expectations and celebrated his first birthday in August, with thousands of people from across the globe inundating his parents Brittany and Brandon, from Orlando, Florida, with messages of support.




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