Bank of America in $10B-plus mortgage settlement
Bank of America-Fannie Mae
In this Dec. 13, 2012 photo, a customer stops at a Bank of America ATM office in Boston. Bank of America Corp. says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. Under the deal announced Monday, Jan. 7, 2013, the bank will pay $3.6 billion to Fannie Mae and buy back $6.75 billion in loans that the North Carolina-based bank and its Countrywide banking unit sold to the government agency from Jan. 1, 2000 through Dec. 31, 2008. That includes about 30,000 loans. (AP Photo/Charles Krupa)
Welcome to the discussion.
-
Current users sign in here.
1 comment:
Rules of Conduct
Happening Now...
-
Monday 5/20/2013
-
Sunday 5/19/2013
-
Saturday 5/18/2013
The EVTI
East Valley Tribune Index of 20 local public companies
© Copyright 2013, East Valley Tribune, Tempe, AZ. [Terms of Use | Privacy Policy]
A Division of 10/13 Communications
truncate posted at 10:28 am on Tue, Jan 8, 2013.
The banks rip us off, the banks then fail and get a bail out from us. They then use the bail out money to pay us back for ripping us off!!! This is a complete rip off!!!