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Mortgage Crisis Settlement: Bank Of America To Pay $16.5B, Largest Single ...
Bank of America Corp (NYSE:BAC) agreed on Thursday to pay $16.5 billion to settle U.S. accusations that it sold bogus mortgages ahead of the 2008 financial crisis.
California pensions, consumers get $800 million from Bank of America case
California will get an $800 million share of the record-breaking $16.65 billion Bank of America Corp. is paying to settle claims over the packaging and sale of toxic mortgage securities.
Reports: Bank of America agrees to $17B settlement
Bank of America Corp. is set to make a record settlement of nearly $17 billion with federal and state authorities over its role in the sale of securities made up of subprime mortgages, which fueled both the housing boom and bust that triggered the ...
UPDATE 1-Bank of America settles mortgage probes for $16.65 bln
(Adds details of settlement, bank comments, share price). WASHINGTON Aug 21 (Reuters) - Bank of America Corp has reached a $16.65 billion settlement with U.S.
Bank of America Corp (BAC) Ready to Pay $16.5 Billion To End Mortgage ...
Bank of America Corp (NYSE:BAC) is expected to pay $16.5 billion in a record settlement concerning the mortgage bond sales processed during the financial crisis of 2008.
Bank of America may relocate HQ to Boston � Bove
Bank of America Corp. may move its headquarters from Charlotte, N.C. to the Boston area in the next five years as part of a broader strategic change, according to banking analyst Dick Bove on Wednesday.
One Factor Driving Bank of America (BAC) Stock Up Today
The gross profit margin for BANK OF AMERICA CORP is currently very high, coming in at 86.47%. It has increased from the same quarter the previous year.
Company Update: Bank of America Corporation (NYSE:BAC) � Bank of America ...
Bank of America Corporation (NYSE:BAC) [Reuters] - Bank of America Corp has reached a $16.65 billion settlement with U.S.
Bank of America settles mortgage probes for $16.65 billion
It is expected to resolve the vast majority of the Charlotte, North Carolina-based bank's remaining liabilities tied to its purchases of Countrywide Financial Corp, once the nation's largest mortgage lender, and Merrill Lynch & Co. "This historic ...
Bank Of America Corporation (BAC) Highlighted As Storm The Castle Stock
Trade-Ideas LLC identified Bank of America Corporation ( BAC) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate.
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