Loading...
News
    Shows

      Bank of America to pay record fine for mortgage crisis

      |The Bank of America and two subsidiaries, Countrywide and Merrill Lynch, admit they sold hundreds of billions of dollars worth of mortgage-backed securities to investors. Bank of America will pay $9.6 billion in penalties and has promised $7 billion to help homeowners with loans. Wyatt Andrews reports.

      Related Videos

      You Might Like