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mymnpro

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  • Bank of America (BAC) has begun potential settlement discussions with some of its largest mortgage investors, WSJ reports. The approach appears to be a major shift in strategy for CEO Brian Moynihan, who had pledged to fight requests to repurchase flawed mortgages made before the U.S. housing collapse. BAC +2.2% AH.  [View news story]
    They want to settle before the bad stuff in Wikileaks comes out.
    Dec 16, 2010. 09:44 AM | Likes Like |Link to Comment
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