BofA Said Near $16B-$17B Mortgage Settlement

Aug. 6 (Bloomberg) -- Bank of America is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, a person familiar with the matter said. Phil Mattingly reports on "Street Smart." (Source: Bloomberg)
Greece Moves to Break Deadlock
12:09 - Bloomberg’s Matt Miller and Stephanie Ruhle report on today's top news stories. (Source: Bloomberg)
  • Iran Seeks Nuclear Commitment as U.N. Plans Visit
  • 'Time to De-Socialize' U.S. Housing Market: Lockhart
  • Puerto Rico Drowning in Debt, Default Looms