Bank of America Corporation (NYSE:BAC) | Bank of America to pay $404 million to Freddie Mac to settle mortgage dispute

[Reuters] – (Reuters) – Bank of America said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009. BofA will pay . . . → Read More: Bank of America Corporation (NYSE:BAC) | Bank of America to pay $404 million to Freddie Mac to settle mortgage dispute Similar posts: Stock Update: Wells Fargo & Company (NYSE:WFC) – Wells Fargo to pay $335M to settle mortgage securities claim Microsoft Corporation (NYSE:MSFT) | Microsoft spending $405 million on Windows marketing, aiming for 16 million tablet sales Citigroup Inc. (NYSE:C) – Citigroup to pay $395 million to settle Freddie Mac mortgage claims

Bank of America Corporation (NYSE:BAC) [Reuters] – (Reuters) – Bank of America said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009. BofA will pay $404 million to settle claims related to loans sold to Freddie Mac from January 1, 2000 to December 31, 2009, and to compensate for certain past losses and potential future losses relating to denials, rescissions and cancellations of mortgage insurance. The payments are … [visit site to read more]

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  2. Microsoft Corporation (NYSE:MSFT) | Microsoft spending $405 million on Windows marketing, aiming for 16 million tablet sales
  3. Citigroup Inc. (NYSE:C) – Citigroup to pay $395 million to settle Freddie Mac mortgage claims
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