To the Point
Record Mortgage Settlement Is in the Works
Bank of America reportedly may have to pay $12 billion after negotiations with the Department of Justice. It's all about the destructive home mortgages that triggered America's financial crisis and BofA would be on the hook for the biggest penalties so far. That's according to Devlin Barrett, who broke the story for the Wall Street Journal .
By Warren Olney • • 1 min readBank of America reportedly may have to pay $12 billion after negotiations with the Department of Justice. It's all about the destructive home mortgages that triggered America's financial crisis and BofA would be on the hook for the biggest penalties so far. That's according to Devlin Barrett, who broke the story for the Wall Street Journal.
