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Tag Archives: Verdicts and Settlements

Maryland to get $75M, plus consumer relief, under BofA settlement

(AP Photo/Matt Rourke, File)

Maryland’s share of the $17 billion Bank of America settlement includes $75 million in compensation for state and local governments and their pension plans — and that’s not counting the bank’s agreement to provide consumer relief via such things as mortgage forgiveness, community reinvestment and affordable rental housing.

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