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Back to Home » June 2011 News » Bank of America in $8.5B mortgage settlement |
Bank of America in $8.5B mortgage settlement |
June 29, 2011
NEW YORK (AP) -- 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....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_BANK_OF_AMERICA_MORTGAGE_BUYBACKS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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