BofA settles on mortgage repurchase claims

Started by Reuters, Jun 29, 2011, 09:02 PM

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Reuters

Jun 29, 2011, 09:02 PM
(Reuters) - Bank of America Corp settled nearly all of the claims related to the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure for $8.5 billion in cash .

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