- Settling with Financial Guaranty Insurance Company (FGIC) over nine Countrywide-sponsored MBS deals, Bank of America (NYSE:BAC) has already paid about $900M and will disburse about another $50M.
- Press release
- Earlier: Litigation charges take a big chunk out of Q1 results.
A billion here, a billion there: BofA in another mortgage settlement
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| Symbol | Last Price | % Chg |
|---|---|---|
| BAC | - | - |
| Bank of America Corporation | ||