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"Wednesday, February 2, 2011
BofA's Countrywide Sued by TIAA
BofA's Countrywide Sued by TIAA: "Bloomberg - By Karen Freifeld - Jan. 25 (News Report) - The investors claim they bought hundreds of millions of dollars of Countrywide mortgage-backed securities from 2005 to 2007 because they wanted conservative, low-risk investments. They said they relied on term sheets, prospectuses and other materials provided by the firm that were recklessly or knowingly false.
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