Los Angeles Business Journal

Jury Decides Against BofA on 'Hustle' Program

Thursday, October 24, 2013

In a major win for the U.S. government, a jury Wednesday found Bank of America Corp. liable for fraud related to loans its Countrywide Financial Corp. unit sold to mortgage-finance giants Fannie Mae and Freddie Mac in a program called the "Hustle" in 2007 and 2008, the Wall Street Journal reports.