It appears the banking industry may have landed itself a very positive mortgage settlement, says...

|By:, SA News Editor

It appears the banking industry may have landed itself a very positive mortgage settlement, says Rochdale's Dick Bove, having negotiated some "huge benefits" with the Attorney General over its mortgage servicing issues: Bank of America (BAC +0.8%), Wells Fargo (WFC +1.2%), JP Morgan (JPM +0.6%) and Citigroup (C +1.6%)