Bank Of America’s $10.3Bn Mortgage Settlement With Fannie Mae
January 7, 2013 - 10:22am
Bank of America Corp (NYSE:BAC) is set to pay Federal National Mortgage Association (OTC:FNMA) a $3.6bn cash settlement. The company will also repurchase a portfolio of residential mortgage loans for a further $6.75bn in a deal intended to settle representations…The post Bank Of America’s $10.3Bn Mortgage Settlement With Fannie Mae appeared first on ValueWalk.
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