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Home / NC State News / BofA reaches $17B settlement with US (access required)

BofA reaches $17B settlement with US (access required)

WASHINGTON  — Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. The officials say the bank will pay $10 billion in cash and provide consumer relief valued ...

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