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Bank of America to pay record fine for mortgage crisis
Posted
August 22, 2014
Views
1,477
Likes
13
Comments
1
Engagement
0.95%
August 22, 2014
1,477
13
1
0.95%
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1:45Now PlayingThe Bank of America and two subsidiaries, Countrywide and Merrill Lynch, admit they sold hundreds of billions of dollars worth of mortgage-backed securities to investors. Bank of America will pay $9.6 billion in penalties and has promised $7 billion to help homeowners with loans. Wyatt Andrews reports.
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