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» Ambac, BofA Settle Non-Agency MBS Lawsuit for $1.8 Billion
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Ambac, BofA Settle Non-Agency MBS Lawsuit for $1.8 Billion
October 13, 2022
Brandon Ivey
A trial that started in September after years of delays ended with a settlement. Bank of America agreed to pay $1.84 billion to settle claims tied to non-agency MBS issued by Countrywide Financial prior to the 2008 financial crisis.
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