A panel of three judges overturned a $1.2 billion lawsuit that BofA suffered for bad Countrywide loans done in 2007 & 2008. Hey if that’s the case what lawsuit can’t be overturned? We don’t think banks should be getting sued for petty issues on HUD loans, but those Countrywide loans were pretty bad. But we hope BofA feels vindicated though considering they were forced to buy those Countrywide loans via threats from the Government.
DO NOT WATCH THIS RANDY QUAID VIDEO HERE: https://www.youtube.com/watch?v=azrOabkBeYI
