A former executive of Countrywide Financial will receive a whistleblower reward of over $57 million for his role in bringing a lawsuit against Bank of America Corp. Edward O’Donnell is receiving the award due to a federal civil lawsuit he filed under the False Claims Act which the federal government joined and used as the basis for forcing Bank of America into a settlement. Countrywide Financial whistleblower lawsuit Former Countrywide employee O’Donnell filed a lawsuit in June accusing a Countrywide unit of defrauding Fannie Mae / Federal National Mortgage Association and Freddie Mac / Federal Home Loan Mortgage Corp through…
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