Stockton CA Real Estate

NY Court signs off on $8.5B BofA settlement over pooled mortgages

After more than two years of legal wrangling, a New York judge signed off on a controversial $8.5 billion settlement between Bank of America (BAC) and The Bank of New York Mellon over toxic mortgage securities. Investors spent the past two years trying to stop the deal, suggesting it ignored their interests. …read more

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