Former Countrywide Financial executive Edward O'Donnell will collect more than $57 million from DoJ's record $16.5 billion settlement with Bank of America for his role in exposing the sale of fraudulent mortgage securities in the run up to the 2008 financial crisis.   

 
FCA | Bank of America, Countrywide, Edward O'Donnell

The federal government has joined a whistleblower-initiated False Claims Act lawsuit civil filed against Bank of America for systematically misrepresenting the quality of home loans it sold to mortgage-finance firms Fannie Mae and Freddie Mac. 

FCA | mortgage, Bank of America, bank fraud, Preet Bharara