Legal Issues

Introduction
The issue to be examined is about Bank of America Faces Claims of Brazen Mortgage Fraud. The article featured in New York Law Journal on October 25, 2012 and was written by Brendan Pierson and Zoe Tillman. The article is about a civil mortgage law suit that has been filed at the South District U.S. Attorney’s Office accusing the company of defrauding the government-backed, Fannie Mae and Freddie Mac of more than $1 billion (Pierson and Tillman 1). The case enjoins both Bank of America and Countrywide Financial Corporation in a suit in….

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