Comment on APNewsBreak: B ofA reaches $17B settlement with US

APNewsBreak: B ofA reaches $17B settlement with US

Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter said Wednesday. FILE - This July 16, 2013, file photo shows a Bank of America branch on Peachtree Street, in Atlanta.

 

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