![Bank of America said Monday it reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans. The bank will pay Fannie Mae $3.6 billion, and buy back $6.8 billion in loans to settle mortgage claims.](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_uvqbEkz3hiHPfAICYeKMpXAqSOReIoKLzFmiNe_5PGrJD_WFqaWpextmtt_UvR2IVwZ5HTU9tMGT7hQ5sxNVgm-CsIcOU7OraOqqzXjAFUXzoHMmdJWrSzkMyVPodK2SrNiUGhgw4zZRuBLaHai10RflOx=s0-d)
Bank of America said Monday it reached a $10 billion settlement with Fannie Mae to resolve claims related to the sale and delivery of residential mortgage loans. The bank will pay Fannie Mae $3.6 billion, and buy back $6.8 billion in loans to settle mortgage claims.
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