In this June 23, 2011 photo, a Bank of America booth is shown at the Pacific Coast Builders Conference in San Francisco. Bank of America and its Countrywide unit will pay $8.5 billion to settle claims... more 
In this June 23, 2011 photo, a Bank of America booth is shown at the Pacific Coast Builders Conference in San Francisco. Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. The deal, announced Wednesday, comes after a group of 22 investors demanded that the Charlotte, N.C. bank repurchase $47 billion in mortgages that its Countrywide unit sold to them in the form of bonds.(AP Photo/Paul Sakuma) less 
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Associated Press | Photo By Paul Sakuma
Wed, Jun 29, 2011 11:07 AM EDT