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Loan Modification

: Mortgage Lender Implode-o-Meter

Bank of America to pay $2.5 million penalty in Merrill Lynch fee-discount case

By Implode-Explode Heavy Industries

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"Securities industry regulators have levied penalties totaling $2.5 million against Bank of America Corp.'s Merrill Lynch operation for failing to give investors proper fee discounts, officials said this week."

Full post as published by Mortgage Lender Implode-o-Meter on August 19, 2010 (boomark / email).

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