Posted On: 02/25/2012 1:05:37 AM
Post# of 8479
BofA Squeezes Mortgage Pipeline to Fannie as Dispute Escalates
Bank of America Corp., the second- biggest U.S. lender by assets, is stopping the sale of new home loans to government-owned Fannie Mae as a dispute over who should bear the costs for defective mortgages escalates.
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