Friday, July 1, 2011
Bank of America, Countrywide to pay $8.5 billion - Star-Press
NEW YORK -- 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. The deal, announced Wednesday, comes after a group ... http://tinyurl.com/6yjm9l3
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