Bank Of America Fined $1.3b For Bad Mortgages - Usa Today

USA TODAYBank of America fined $1.3B for bad mortgagesUSA TODAYNEW YORK — A Bank of America subsidiary was ordered to pay nearly $1.3 billion Wednesday for a program that caused heavy losses to federally-backed mortgage finance giants Fannie Mae and Freddie Mac amid fallout from the financial crisis.and more »

 

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