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Financial News

Monday October 6, 05:57 PM

 

 

Two men use an ATM at a Bank of America branch in Washington, DC

By Karen Bleier

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Two men use an ATM at a Bank of America branch in Washington, DC. Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant Countrywide following settlement of a lawsuit targeting the firm's Two men use an ATM at a Bank of America branch in Washington, DC. Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant Countrywide following settlement of a lawsuit targeting the firm's "predatory" lending practices.


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