From www.housingwire.com — Reuters published an article on the situation late Friday, BofA settles claims of “misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS.” So, yes, it’s just another settlement for BofA, which is probably really used to this kind of development. “The […]

Tags: Bank of America, BOA, ending balance, loan receivables, proceeds of foreclosrue sales, settlements with investors, Settlements with shareholders
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