Bank of America Isn’t Out of the Woods Yet

Bank of America  (NYSE: BAC  ) has settled with Freddie Mac to resolve all outstanding and potential residential mortgage representations and warranties claims for loans sold to the GSE through the end of 2009. With this settlement in the books, what does it mean for investors? In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the settlement and how it is different than the record $13 billion JPMorgan Chase  (NYSE: JPM  ) settlement.

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10/24/2014 4:00 PM
BAC $16.72 Up +0.12 +0.72%
Bank of America CAPS Rating: ****
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JPMorgan Chase & C… CAPS Rating: ****

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