Bank of America Reaches $16.65 Billion Mortgage Settlement – New York Times


New York Times
Bank of America Reaches $16.65 Billion Mortgage Settlement
New York Times
The landmark settlement, announced by Attorney General Eric H. Holder Jr. in Washington on Thursday morning, requires Bank of America to pay a $9.65 billion cash penalty and provide about $7 billion in relief to homeowners and blighted neighborhoods.
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