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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.
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