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Bank of America Countrywide Settlement

'Worst Deal In The History Of American Finance'

Posted 06.29.2012 | Business

A huge mistake is weighing on Bank of America. The bank’s acquisition of mortgage lender Countrywide in 2008 has cost BofA more than $40 billion...

BofA To Pay Record Sum To Settle Claims Of Discriminatory Lending

AP | By PALLAVI GOGOI and NEDRA PICKLER | Posted 02.20.2012 | Business

-- Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination agai...