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TheStreet Open House

Bank of America Trumpets $15B in Mortgage 'Relief'

The bank is racing to meet its obligation under the settlement and says it is on track to meeting its total commitment within the first year of the three-year agreement.

All banks are required to submit their quarterly report to the Settlement monitor on Wednesday.

--Written by Shanthi Bharatwaj in New York



>To contact the writer of this article, click here: Shanthi Bharatwaj.

>To follow the writer on Twitter, go to http://twitter.com/shavenk.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.
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