Friday, May 13, 2016

Finally: $8.5 billion Countrywide #mortgage bond settlement gets green light

Ending a legal quagmire that stretched back to 2011, investors are finally set to receive their money from an $8.5 billion settlement involving Bank of America, #mortgages originated by its Countrywide unit, and the Bank of New York Mellon, which acted as the trustee for the #mortgage bond investors. Click the headline to read more. http://www.housingwire.com/articles/37033-finally-85-billion-countrywide-mortgage-bond-settlement-gets-green-light ❤️ #share #mortgage



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