Bank of America, mired in scandal and facing potential losses over its alleged mishandling of mortgages, now says it will be able to fully leave its taxpayer bailout behind. Whether the nation will soon escape its own bad experiences with Bank of America — not least, a spate of allegedly unfair and improper foreclosures — remains an open question.
Bank of America promises to meet bailout requirement, but challenges remain
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Mountain West Financial sells retail assets to ML Mortgage Corp.
In another M&A deal amid a challenging home loan landscape, Mountain West Financial is selling its retail assets to ML Mortgage Corp.