Allstate, Bank of America Agree to End Lawsuit Over Mortgages

Allstate, Bank of America Agree to End Lawsuit Over MortgagesAllstate Corp. and Bank of America Corp.’s Countrywide unit have agreed to dismiss a lawsuit stemming from $700 million of toxic mortgage debt, according to a court filing on Tuesday. The parties “have agreed to dismissal of this action in its entirety,” lawyers for Allstate and Countrywide said in a document filed in U.S.

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