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US seeks $864 million from Bank of America over Countrywide loans

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NEW YORK — Federal prosecutors want Bank of America Corp. to pay about $864 million over losses incurred by the government after it bought thousands of home loans made by Countrywide Financial during the housing boom. U.S. attorney Preet Bharara made the request in documents filed late Friday with the U.S. District Court in Manhattan. A jury last month found Bank of America Corp., which...

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