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Bank Of America To Pay $335 Million To Settle Countrywide Claims (NYSE: BAC)

Bank of America has agreed to pay $335 million to resolve claims that its Countrywide unit engaged in a pervasive pattern of discrimination.  The settlement was filed with the Central District court of California and is subject to court approval.  The money from the settlement will be used to compensate the victims of Countrywide’s discriminatory mortgage loans from 2004 through 2007. The U.S.... 
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