FHFA Said To Seek $6 Billion From BofA For Mortgage Settlement – ValueWalk Premium

FHFA Said To Seek $6 Billion From BofA For Mortgage Settlement

FHFA has reportedly sought $6 billion from Bank of America Corp (NYSE:BAC) for settlement of claims that the bank has willfully sold RMBS to Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC).

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