Thursday, April 12, 2012

Have we all completely lost it? BAC sues itself (Seeking Alpha)

BofA sues itself over foreclosures. Legal contortion of the day: Bank of America (BAC) appears to be suing itself over a number of faulty foreclosures in Florida, with the bank serving as both the loan servicer and the second-lien holder of defaulted mortgage debt on several condominiums. (Source: NY Post)

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