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2013-01-11 — bizjournals.com
``Bharara, U.S. attorney in the Southern District of New York, charged Charlotte-based BofA with fraud in a $1 billion federal lawsuit in October. He alleged in court documents that BofA had sold government agencies such as Fannie Mae billions of dollars in mortgages that were advertised as meeting government standards. However, the suit contends the loans actually lacked proper documentation and underwriting.''
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