Bofa Near $8.5 Billion Settlement On Securities: Report

BofA near $8.5 billion settlement on securities: report

NEW YORK (Reuters) - Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from investors that lost money on mortgage-backed securities, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

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  • BofA's $8.5 billion mortgage bond settlement wins approval
    NEW YORK (Reuters) - A New York state appeals court on Thursday approved Bank of America Corp's $8.5 billion settlement with mortgage securities investors in ... separate from Bank of America's $16.65 billion mortgage settlement last August with federal ...
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  • BofA's $8.5 Billion Mortgage Bond Settlement Wins Approval
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  • Bank of America Corp (BAC): Behind BofA’s Big Offer
    Diane Alter: Bank of America Corp. (NYSE:BAC) stock rose slightly Thursday morning by 1% to $15.44 on news the bank is near a more than $16.5 billion settlement over mortgage-backed securities that helped ignite the 2008 financial crisis, but BAC stock ...
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  • BofA reportedly in $17-billion settlement over toxic loan securities
    Bank of America Corp. has agreed to fork over nearly $17 billion to settle government claims over toxic mortgage securities that helped trigger ... although it eventually raised its settlement offer to $13 billion and then $14 billion.
    08/2/2014 - 1:00 pm | View Link
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