To: Kartographer
If the loans were packaged into underwritten securities, and the loans in a given security were fraudulent in whole or in part, then BAC can indeed be forced to buy them back.
5 posted on
01/18/2011 10:52:09 AM PST by
agere_contra
(Historically every time the Left has 'expanded its moral imagination' the results have been horrific)
To: agere_contra; FromLori; investigateworld
No fraud here. Resident FR experts have declared that there is no fraud even when banks use forged documents and prejury.
6 posted on
01/18/2011 10:59:10 AM PST by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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