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Reports: Bank of America among banks close to $10B foreclosure settlement
As it finishes 2012 as the best-performing blue-chip stock, Bank of America may be inching towards settling a major legal issue.
The New York Times and several other major news outlets are reporting Monday that Charlotte, N.C.-based BofA and other large U.S. banks are close to a $10 billion deal to settle charges of foreclosure wrongdoings. The settlement would resolve allegations that BofA and others wrongfully charged excessive fees or mishandled paperwork on millions of foreclosure cases. Bank…
IN FOCUS TODAY
Friday, May 17, 2013 - 4:41am
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Friday, May 17, 2013 - 4:37am
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Thursday, May 16, 2013 - 7:00am
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