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Monday, January 21, 2013

Bank of America to pay $11.6 billion settlement to Fannie Mae

Newscast Media CHARLOTTE, N.C-Bank of America Corp has announced a settlement deal with Fannie Mae of $11.6 billion for bad mortgages of nearly a decade's worth of home loans, as a result of Bank of America's acquisition of Countrywide Financial Corp.



http://newscastmedia.com/blog/2013/01/07/bank-of-america-to-pay-11-6-billion-settlement-to-fannie-mae/

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