bank of america agrees to 85 bn in mortgage claims
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Bank of America agrees to $8.5 bn in mortgage claims

Arab Today, arab today

Arab Today, arab today Bank of America agrees to $8.5 bn in mortgage claims

Paris - AFP

Bank of America said on Wednesday it would pay $8.5 billion dollars to clear claims from the home-loan crisis, take a charge of $5.5 billion and said it expected a quarterly net loss of up to $9.1 billion. "We will continue to act aggressively, and in the best interest of our shareholders, to clean up the mortgage issues largely stemming from our purchase of Countrywide," chief executive Brian Moynihan said. "This is another important step we are taking in the interest of our shareholders to minimize the impact of future economic uncertainty and put legacy issues behind us."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of america agrees to 85 bn in mortgage claims bank of america agrees to 85 bn in mortgage claims

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of america agrees to 85 bn in mortgage claims bank of america agrees to 85 bn in mortgage claims

 



GMT 23:50 2017 Monday ,20 November

Bahrain Bourse daily trading performance

GMT 01:34 2017 Wednesday ,13 December

Bahrain condemns New York terror blast

GMT 10:18 2017 Saturday ,16 September

Iraqi troops destoyed ISIS camp in Anbar killing dozens

GMT 13:00 2017 Sunday ,24 September

Saudi intercepts ballistic missile fired from Yemen

GMT 20:40 2016 Sunday ,20 November

Ministry keen on upgrading pharmaceuticals industry

GMT 19:34 2017 Saturday ,12 August

IEA raises oil demand growth forecast for 2017

GMT 18:02 2017 Wednesday ,04 October

Jordan’s Eurobonds enjoy strong demand among investors

GMT 12:02 2016 Thursday ,24 November

Qatar’s Ajyal festival to celebrate Meg Ryan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday