B of A Investors Defend $8.5 Bln MBS Pact

22 Sep 2011

An attorney for a group of 22 mortgage bond investors involved in a settlement with Bank of America told a federal judge the proposed $8.5 billion mortgage-backed securities pact was very positive.

An attorney for a group of 22 mortgage bond investors involved in a settlement with Bank of America told a federal judge the proposed $8.5 billion mortgage-backed securities pact was very positive. Testifying at a hearing to decide whether to accept the deal or return it to a ...

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