The Traderszone Network

Published in TZ Latest News 16 July, 2014 by The TZ Newswire Staff

BofA offers $13 billion to settle mortgage probe: WSJ

The bank met U.S. Justice Department representatives on Tuesday, but no progress was made toward a final deal, the paper reported. Bank of America had previously offered about $12 billion to settle the matter, including a portion to help struggling homeowners, while the Justice Department had suggested a $17 billion settlement, sources told Reuters earlier this month.