National

News > National > Bank of America To Pay $17-Billion To Settle Mortgage Claims

Bank of America To Pay $17-Billion To Settle Mortgage Claims

(Undated) -- Bank of America will reportedly pay 17-billion dollars to settle claims over its sale of toxic securities that helped prompt an economic meltdown. The settlement still needs to be finalized, but would be the biggest the Justice Department has ever imposed over claims growing out of the financial crisis of 2008. BofA will pay about nine-billion in cash and the rest will go toward reducing homeowners' mortgages.

National

(Chicago, IL) -- One person is dead and another injured following what appears to be an attempted murder-suicide...
(St. Louis, MO) -- Demonstrators are going through with a movement they call "No Justice, No Profits" and have...
(Undated) -- Some moviegoers are getting their first look at what's in store for the new "Stars Wars" movie today...
(Austin, TX) -- Austin police are identifying the man who shot up several buildings in the city before being shot...
(New York, NY) -- Former Baltimore Ravens running back Ray Rice may be making his way back onto an NFL roster in...