BofA?s Countrywide to Pay $335 Million to Settle Bias Case - Surety Bond Forums

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12-21-2011, 02:35 PM

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BofA?s Countrywide to Pay $335 Million to Settle Bias Case

Bank of America Corp.’s Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers, a historic settlement for the Obama administration in the wake of the subprime mortgage …

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