(ALL) Allstate Sues Bank of America on Mortgage-Backed Securities Purchase 0
Posted on
December 31, 2010 by
Admin
On Monday, Allstate Corp. (ALL) filed a federal complaint against the mortgage giant, Countrywide Financial Corp., and 17 other defendants, alleging that the latter have sold 0 million of toxic investments in lieu of safe investments to Allstate in 2005, which later experienced a drastic price decline. However, Countrywide Financial was acquired by Bank of [...]
(ALL) Allstate Sues Bank of America on Mortgage-Backed Securities Purchase