Saturday, July 2, 2011

Bank of America in $8.5B mortgage settlement - msnbc.com

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 ... http://tinyurl.com/6fta9eu

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