Bank of America in $8.5B mortgage settlement

Jun. 29, 2011 - 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) (/The Associated Press) Correction: Clarification:

 

Loading...

Comments

Add your comment
 
Read what others are saying About Badges
    Section:/business