Bank of America in $8.5B Mortgage Settlement

Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. (June 29)

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Bank of America in $8.5B Mortgage Settlement

Posted by on June 29, 2011. Filed under News, Video. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.