MBIA Settles Five-Year Mortgage Fight With Bank of America

MBIA Settles Five-Year Mortgage Fight With Bank of America

Craig Ruttle/Bloomberg

An MBIA sign stands outside the MBIA Inc. headquarters in Armonk, New York. Bank of America, along with Societe Generale SA, had sued MBIA over its 2009 restructuring, which they say harmed them as policyholders.