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PBS NEWSHOUR

Bank of America to Pay $335M to Settle Countrywide Case...

  • Aired: 12/21/2011
  • 07:42
  • Rating: E
Bank of America agreed to pay a $335 million settlement Wednesday over alleged claims of racial bias in home mortgage lending involving Countrywide Mortgage, which the bank bought in 2008. Jeffrey Brown discusses the investigation and settlement with Illinois Attorney General Lisa Madigan.
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Bank of America to Pay $335M to Settle Countrywide Case...
Bank of America to Pay $335M to Settle Countrywide Case...
Bank of America to Pay $335M to Settle Countrywide Case of Alleged Racial Bias
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