Monday, January 07, 2013

Banks Reach Settlements on Mortgages - nytimes

Bank of America agreed on Monday to pay more than $10 billion to Fannie Mae to settle claims over troubled mortgages that soured during the housing crash, mostly loans issued by the bank’s Countrywide Financial subsidiary. - Banks Reach Settlements on Mortgages
10 banks will provide $8.5 billion to borrowers in latest mortgage ...

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