Wednesday, August 20, 2014

BofA in $16.5 billion deal with U.S. over mortgage bonds: source

WASHINGTON (Reuters) – Bank of America Corp is expected to pay more than $16.5 billion to end investigations into mortgage securities that the bank and its units sold in the run-up to the financial crisis, in a deal that could be announced as early as Thursday, a person familiar with...
BofA in $16.5 billion deal with U.S. over mortgage bonds: source

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