Charting the billions banks have paid out over crisis-era mortgages

June 11, 2014

Another day, another potential Bank of America mortgage settlement. This time it could be up to $17 billion — the largest settlement by any bank. BofA, however, is finally putting its foot down. According to the New York Times, it doesn’t want to pay more than $12 billion.

The bank has paid out much more than any other bank over crisis-era mortgages. Here’s a Reuters chart showing how much it, JPMorgan, and Citi have paid so far:

bofa-mortgage

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