{"id":2822,"date":"2015-07-07T21:26:46","date_gmt":"2015-07-07T21:26:46","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2822"},"modified":"2015-07-07T21:26:46","modified_gmt":"2015-07-07T21:26:46","slug":"bank-of-americas-inconsistent-positions-re-faulty-residential-mortgage-backed-securities","status":"publish","type":"post","link":"https:\/\/fenello.com\/oldnews\/proseaction\/?p=2822","title":{"rendered":"Bank of America\u2019s Inconsistent Positions re: Faulty Residential Mortgage-backed Securities"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.natlawreview.com\/article\/bank-america-s-inconsistent-positions-re-faulty-residential-mortgage-backed-securiti','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/www.natlawreview.com\/sites\/default\/files\/organization\/1092\/bilzin_h_positive_rgb.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.natlawreview.com\/article\/bank-america-s-inconsistent-positions-re-faulty-residential-mortgage-backed-securiti\\'&gt;Bank of America\\'s Inconsistent Positions re: Faulty Residential Mortgage-backed Securities | The National Law Review&lt;\/a&gt;Bank of America recently moved to dismiss a lawsuit filed by Ambac Assurance Corp. in New York state court, alleging $600 million in damages for fraudulent inducement in connection with payments it made under policies insuring faulty residential mortgage-backed securities issued by Countrywide.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.natlawreview.com%2Farticle%2Fbank-america-s-inconsistent-positions-re-faulty-residential-mortgage-backed-securiti\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.natlawreview.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;The National Law Review&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/www.natlawreview.com\/sites\/default\/files\/organization\/1092\/bilzin_h_positive_rgb.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.natlawreview.com\/article\/bank-america-s-inconsistent-positions-re-faulty-residential-mortgage-backed-securiti'>Bank of America&#8217;s Inconsistent Positions re: Faulty Residential Mortgage-backed Securities | The National Law Review<\/a>Bank of America recently moved to dismiss a lawsuit filed by Ambac Assurance Corp. in New York state court, alleging $600 million in damages for fraudulent inducement in connection with payments it made under policies insuring faulty residential mortgage-backed securities issued by Countrywide.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.natlawreview.com%2Farticle%2Fbank-america-s-inconsistent-positions-re-faulty-residential-mortgage-backed-securiti\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.natlawreview.com\" class=\"media-attribution-link\" target=\"_blank\">The National Law Review<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America&#8217;s Inconsistent Positions re: Faulty Residential Mortgage-backed Securities | The National Law ReviewBank of America recently moved to dismiss a lawsuit filed by Ambac Assurance Corp. in New York state court, alleging $600 million in damages for fraudulent &hellip; 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