BofA Near $8.5B Deal to Settle Big Investors’ Claims

Bank of America is close to a deal that calls for the lender to pay $8.5 billion to settle claims from a group of heavyweight investors who bought mortgage-backed securities before the housing collapse and lost a ton of money in the process. A person familiar with the discussions…

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BofA Near $8.5B Deal to Settle Big Investors’ Claims

Posted by on June 28, 2011. Filed under News, World News. 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.