Bank of America to pay $8.5 billion settlement over mortgages. Stocks Rise 4%

Interesting article that came out from the Baltimore Sun. Bank of America has agreed to pay over $8.5 BILLION in bad loans. As a result, B of A stocks went up 4% fueling speculation that the bad days are now behind them. “Citi analyst Keith Horowitz said the settlement, which amounts to only 2 percent… read more →