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BoA hit with $16 Billion penalty for MBS dealings
Posted on 8/21/14 at 8:23 am
Posted on 8/21/14 at 8:23 am
2
Posted on 8/21/14 at 8:33 am to LSU0358
"pay around $9 billion in cash and the rest in assistance to struggling homeowners."
yeah...that's makes a lot of sense..the 'crime' was misleading investors who bought the bad mortgages, so the give 9b to the borrowers who created them
yeah...that's makes a lot of sense..the 'crime' was misleading investors who bought the bad mortgages, so the give 9b to the borrowers who created them
Posted on 8/21/14 at 8:51 am to LSU0358
BAC up over 1% this morning on the news.
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