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Bank of America is making money on its financial crisis settlement – Fortune (blog)



Fortune (blog)

Bank of America is making money on its financial crisis settlement
Fortune (blog)
In late March, the bank agreed to pay the Federal Housing Finance Authority $9.5 billion to settle claims that it sold defective bonds to Fannie Mae (FNMA) and Freddie Mac (FMCC), the government-controlled mortgage entities the agency regulates. Bank ...

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