BoA CEO Addresses Mortgage Business

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MORTGAGE EXPERT
5 · 11 · 11

As mortgage servicers met in the nation’s capitol to negotiate a settlement with state and federal officials, which some insiders speculate will cost $5 billion, the man in charge at Bank of America Corp. defended the company’s mortgage practices to shareholders. He spoke of how regulators, who strongly supported the acquisition of Countrywide Financial Corp. in 2008, have changed their tune.

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Mortgage Daily Staff

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