Is Bank of America Out of the Woods?

Are Bank of America's legal troubles behind it?

John Maxfield
John Maxfield
Feb 21, 2013 at 3:39PM

Bank of America (NYSE: BAC) still has Countrywide Financial mortgage related clouds hanging over it. In this video, John Maxfield describes what Bank of America has yet to resolve regarding the processing of mortgage foreclosures, the sale of mortgage backed securities to Freddie Mac and Fannie Mae, and most importantly, sales of mortgage-backed securities to private investors.