BofA to pay $9.3bn over mortgage bonds sold to Fannie, Freddie
New York - AFP
Bank of America will pay $9.3 billion to settle US charges that it sold bad mortgage-backed securities to mortgage giants Freddie Mac and Fannie Mae ahead of the housing bust. The settlement, arranged with the Federal Housing Finance Agency, which oversees Fannie and Freddie, covers securities sold by BofA as well as by Countrywide and Merrill Lynch, which were acquired by the bank.
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World Bank Regional Vice President First Visit to West Bank and GazaRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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