Bank of America

Credit: KAREN BLEIER/AFP/Getty Images

$25B Nationwide Mortgage Deal Goes To States

A draft settlement between the banks and U.S. states has been sent to state officials for review.

99.1 WNEW–01/23/2012

File photo of a Bank of America. (credit: Scott Olson/Getty Images)

Bank Of America To Pay $335M To Settle Countrywide Discrimination Suit

Bank of America has agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers.