Bank of America to settle mortgage investors' class-action

... that it would pay $500 million to settle the lawsuit brought by the Maine State Retirement System and other pension funds who said Countrywide had misled them about the quality of the mortgages they bundled together and sold to investors before the ...

http://www.kimatv.com/news/business/Bank-of-America-to-settle-mortgage-investors-class-action-203410981.html