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Bank of America reaches record $17bn settlement over questionable mortgages | Busines

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  • Bank of America reaches record $17bn settlement over questionable mortgages | Busines

    Bank of America has reached a record settlement of nearly $17bn (£10.2bn) to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter have said. One official, who spoke with AP on condition of anonymity because the announcement was not scheduled until […]

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    Re: Bank of America reaches record $17bn settlement over questionable mortgages | Bus

    and THAT is just the beginning Wait until the civil claims surface as they are expected to be in the Billions if not Trillions of $

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