business | January 04, 2011 | 0 comments

Bank of America pays Fannie Mae and Freddie Mac $2.6bn

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Bank of America has agreed to pay US mortgage giants Fannie Mae and Freddie Mac about $2.6bn (£1.7bn) to settle claims it sold them bad home loans.
link: http://www.bbc.co.uk/news/business-12108655
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