Assured Guaranty Victory Over Mortgages May Mean Trouble For BofA

Posted on February 06, 2013 at 12:16 PM EST

A federal judge in New York yesterday handed Assured Guaranty a victory that could spell trouble for Bank of America in its fight to avoid paying for losses on defaulted mortgages issued by its Countrywide unit.

Related Stocks:

Assured Guaranty Ltd. Bank of America Corp. Flagstar Bancorp, Inc.

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