{"id":2369,"date":"2014-09-01T18:57:44","date_gmt":"2014-09-01T18:57:44","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2369"},"modified":"2014-09-01T18:57:44","modified_gmt":"2014-09-01T18:57:44","slug":"bank-of-america-offers-u-s-biggest-settlement-in-history-over-toxic-mortgage-loans","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/proseaction\/?p=2369","title":{"rendered":"Bank of America Offers U.S. Biggest Settlement in History Over Toxic Mortgage Loans"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/dealbook.nytimes.com\/2014\/08\/06\/bank-of-america-nears-17-billion-settlement-over-mortgages\/?_php=true&amp;_type=blogs&amp;_r=0','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/graphics8.nytimes.com\/images\/2014\/08\/07\/business\/dbpix-bofa1\/dbpix-bofa1-videoSixteenByNine600.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/dealbook.nytimes.com\/2014\/08\/06\/bank-of-america-nears-17-billion-settlement-over-mortgages\/?_php=true&amp;_type=blogs&amp;_r=0\\'&gt;Bank of America Offers U.S. Biggest Settlement in History Over Toxic Mortgage Loans&lt;\/a&gt;After months of lowball offers and heels dug in, it took only 24 hours for Bank of America to suddenly cave in to the government, agreeing to the largest single federal settlement in the history of corporate America.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fdealbook.nytimes.com%2F2014%2F08%2F06%2Fbank-of-america-nears-17-billion-settlement-over-mortgages%2F%3F_php%3Dtrue%26_type%3Dblogs%26_r%3D0\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/dealbook.nytimes.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Nytimes&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/graphics8.nytimes.com\/images\/2014\/08\/07\/business\/dbpix-bofa1\/dbpix-bofa1-videoSixteenByNine600.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/dealbook.nytimes.com\/2014\/08\/06\/bank-of-america-nears-17-billion-settlement-over-mortgages\/?_php=true&#038;_type=blogs&#038;_r=0'>Bank of America Offers U.S. Biggest Settlement in History Over Toxic Mortgage Loans<\/a>After months of lowball offers and heels dug in, it took only 24 hours for Bank of America to suddenly cave in to the government, agreeing to the largest single federal settlement in the history of corporate America.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fdealbook.nytimes.com%2F2014%2F08%2F06%2Fbank-of-america-nears-17-billion-settlement-over-mortgages%2F%3F_php%3Dtrue%26_type%3Dblogs%26_r%3D0\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/dealbook.nytimes.com\" class=\"media-attribution-link\" target=\"_blank\">Nytimes<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America Offers U.S. Biggest Settlement in History Over Toxic Mortgage LoansAfter months of lowball offers and heels dug in, it took only 24 hours for Bank of America to suddenly cave in to the government, agreeing to the &hellip; 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