The government’s lawsuit against Bank of America was a whistleblower suit originated from former Countrywide executive Edward O’Donnell, who collected $57 million for filing the whistleblower suit. O’Donnell will get to keep his whistleblower reward despite the reversal of the $1.27 billion penalty against the bank, the Wall Street Journal reported on Wednesday.
READ how you can make big money in the mortgage segment … just like Edward O’Donnell. Staff at some of the ugly Mortgage Order Mills (MOMs) can retire and live a great life by reporting fraud.