The Justice Department announced Thursday that B of A has agreed to pay a minimum of $116,785 plus compensation for any equity lost to each servicemember whose home was unlawfully foreclosed on by its ...

Schneiderman claims use of the mortgage-registering database sped up the process of bundling bad ... stocks rallied after the mortgage settlement news broke. BAC rose 4%, continuing its 45% ...

Bank of America Corp (NYSE:BAC ... of the full settlement package. The cash portion has been the sticking portion of the agreement, initially threatening to halt the entire process.

A ruling on Bank of America Corp.’s (NYSE:BAC) recent $8.5 billion settlement with investors may come sooner than expected, thanks to the promotion of the New York judge hearing the case.