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10/11/08
Bank of America to pay $8 billion to settle suits over bad mortgages
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 6:26 pm

SPRINGFIELD, Ill. — Facing a lawsuit over deceptive mortgage practices, Bank of America is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.   more…

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