BofA goes to trial over 'worst of the worst' 2008 subprime loans
Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that's one of its last legal hangovers from the subprime crisis.
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Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that's one of its last legal hangovers from the subprime crisis.
Many Americans assumed no-money-down mortgages were a thing of the past after the 2008 financial crisis. But Bank of America has brought them back in a new home loan program for some black and hispanic borrowers.
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