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BOA to pay $131.8m over mortgage bond sales

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Mortgage Professional America | 16 Dec 2013, 12:00 AM Agree 0
Bank of America is forking over $131.8 million to settle charges that its Merrill Lynch unit misled investors about the sale of mortgage-backed securities.
  • Grant | | 16 Dec 2013, 08:37 AM Agree 0
    Misled? Ha what a joke. This was intentional fraud perpetrated on all of us. They should seize all the assets of this bank and pay back all the homeowners that they illegally foreclosed on or forced into default...that is what is really criminal.
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