BofA to pay $3.6 bn to Fannie Mae to settle mortgage claims

Comments 0
SummaryBank of America Corp said it reached a $3.6 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans.

Bank of America Corp said it reached a $3.6 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans.

The bank said it has also entered into agreements with two parties to sell its around $306 billion residential mortgage servicing rights.

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...