Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion

The Justice Department is poised to announce a $16.65 billion settlement with Bank of America over accusations that it duped investors into buying troubled mortgage securities, say people briefed on the matter — the single largest government settlement by a company in American history. Yet even a…

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Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion

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