Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America on Wednesday announced it has agreed to pay $8.5 billion to settle a dispute with investors who lost money on mortgage-backed securities. It is the largest settlement ever for a mortgage lender and ends a nine-month battle between the bank [...]
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Bank of America to pay $8.5b in mortgage-backed security dispute
June 29th, 2011 
davidguide 
Posted in Loan News 
Tags: bubble burst, Countrywide, countrywide financial, crisis, Federal, federal reserve bank, federal reserve bank of new york, Financial, Linda, linda young, market bubble, Money, mortgage backed securities, mortgage backed security, News, prudential financial, prudential financial inc, security, total, York 
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