McCollum sues Countrywide for deceiving borrowers
Attorney General Bill McCollum filed suit late Monday against Countrywide Financial, the massive mortgage company that hit financial straits after the real estate bust and which is now being sold to Bank of America. McCollum said the company deceived borrowers into thinking they could afford mortage they couldn’t afford, forcing many people to face foreclosures or seek bankruptcy protection. “The people most affected are the people at the lower end of the spectrum who could least afford a
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