Violation Tracker Individual Record
Company:Bank of America
Date:April 2, 2013
Primary Offense:toxic securities abuses
The National Credit Union Administration announced a settlement with Bank of America and certain of its subsidiaries for $165 million for losses related to purchases of residential mortgage-backed securities by failed corporate credit unions.
Level of Government:federal
Action Type:agency action
Agency:National Credit Union Administration
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:North Carolina
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
Source of Data:
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