HSBC Bank notified a New York state court this week that it plans to file a $420 million lawsuit against Merrill Lynch and Bank of America, claiming that both Merrill Lynch and Bank of America knew a series of Countrywide #mortgage loans were toxic and allowed the loans to be securitized nonetheless. Here are all the details. http://www.housingwire.com/articles/37132-hsbc-plans-420m-suit-against-merrill-lynch-bank-of-america-for-toxic-countrywide-loans ❤️ #share #mortgage
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