mortgage lititgation costs

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BAC posts $276M loss in 1Q driven by $6B in mortgage litigation costs

Apr 16, 2014By

Heavy mortgage-related litigation expenses and a mortgage lending business in retreat hurt Bank of America in the first quarter of 2014, with the bank forking over $6 billion in mortgage-related litigation costs this quarter.

3d rendering of a row of luxury townhouses along a street

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