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Bank of America, other banks move closer to ending mortgage mess

Tourists walk past a Bank of America banking center in Times Square in New York in this June 22, 2012 file photograph. Bank of America Corp said it will pay $3.6 billion to Fannie Mae to settle claims related to residential mortgage loans for the nine years to the end of 2008. REUTERS/Brendan McDermid/Files

Tourists walk past a Bank of America banking center in Times Square in New York in this June 22, 2012 file photograph. Bank of America Corp said it will pay $3.6 billion to Fannie Mae to settle claims related to residential mortgage loans for the...more

Tourists walk past a Bank of America banking center in Times Square in New York in this June 22, 2012 file photograph. Bank of America Corp said it will pay $3.6 billion to Fannie Mae to settle claims related to residential mortgage loans for the nine years to the end of 2008. REUTERS/Brendan McDermid/Files
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The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles November 17, 2011. REUTERS/Fred Prouser

The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles November 17, 2011. REUTERS/Fred Prouser

The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles November 17, 2011. REUTERS/Fred Prouser
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