A breach of contract is insufficient to also support a claim for fraud, the Second Circuit Court of Appeals has ruled, reversing a $1.2 billion verdict against Countrywide Home Loans in the process.
What happened...more
6/28/2016
/ Bank of America ,
Breach of Contract ,
Burden of Proof ,
Common Law Torts ,
Countrywide ,
Fannie Mae ,
FIRREA ,
Fraud ,
Freddie Mac ,
Material Misrepresentation ,
Mortgages ,
Reversal