Friday, May 13, 2016

Finally: $8.5B Countrywide mortgage bond settlement gets green light

Ending a legal quagmire that stretched back to 2011, investors are finally set to receive their money from an $8.5 billion settlement involving Bank of America, mortgages originated by its Countrywide unit, and the Bank of New York Mellon, which acted as the trustee for the mortgage bond investors. Click the headline to read more.

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