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.
via Insurancejournal