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hrmjustin

(71,265 posts)
Thu Aug 21, 2014, 11:20 AM Aug 2014

NY to get $800M in Bank of America deal

Joseph Spector

New York will get $800 million as part of a national $16 billion settlement with Bank of America over mortgage schemes, the latest windfall for the state’s coffers.

Attorney General Eric Schneiderman announced today New York’s $800 million cut will include $300 million in cash and $500 million for consumer relief.

Eric SchneidermanThe settlement with Bank of America is the largest in U.S. history with a single institution and latest to boost New York’s fiscal picture.

http://polhudson.lohudblogs.com/2014/08/21/ny-to-get-800m-in-bank-of-america-deal/

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NY to get $800M in Bank of America deal (Original Post) hrmjustin Aug 2014 OP
AG Schneiderman raises off Bank of America deal hrmjustin Aug 2014 #1
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