BofA to Pay $6.3B to Settle FHFA Lawsuit
Bank of America will pay $6.3 billion to settle a lawsuit with FHFA to resolve all RMBS litigation involving $57.5 billion of securities. The bank will also repurchase certain RMBS that were sold to Fannie Mae and Freddie Mac for $3.2 billion.
March 27, 2014
Bank of America | Federal Housing Finance Agency
ABF Journal