BofA so you’re able to clipped mortgage stability by the $100,000 or higher

Within the $26 billion payment attained within four biggest mortgage servicers, the government while the lawyer standard away from forty-two states and you can Area away from Columbia history times, Lender of America ( BAC , Chance five-hundred) people just who be considered could see its mortgages reduced by the the typical of $100,000 or maybe more, according to bank spokesman Rick Simon.

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