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(Image from article: "450,000 to Get Payments in Countrywide Settlement")

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BofA to announce settlement with Justice Department in Countrywide lending probe, source says

The Justice Department is expected to announce Wednesday a settlement with Bank of America Corp. that resolves accusations that its Countrywide Financial unit engaged in discriminatory mortgage-lending practices, according to a person familiar with the matter.

 

450,000 to Get Payments in Countrywide Settlement

450,000 to Get Payments in Countrywide Settlement

Countrywide Home Loans agreed to pay borrowers $108 million for charging excessive fees when they fell behind on their mortgages.

 

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