Comments on:

BofA to spend $9.33 billion in FHFA settlement

Back to the article » |
Bank of America will spend $9.33 billion to resolve a dispute over mortgage securities with the Federal Housing Finance Agency, the regulator that oversees Fannie Mae and Freddie Mac. The agency sued 18 financial institutions in 2011 over their sales of mortgage securities to Fannie and Freddie. It alleges many banks falsely represented the mortgage loans behind the securities. These soured...

To learn more about commenting on and our community guidelines, please see our comments FAQ.