Newsreel: Dartmouth-Hitchcock bonds affirmed; BoA to pay $404M
LEBANON — Standard & Poor’s Ratings Services has affirmed its “A+” rating for bonds issued by the New Hampshire Health and Education Facilities Authority for the Dartmouth-Hitchcock Obligated Group (Dartmouth-Hitchcock) on the authority’s $200.4 million series 2009 and 2010 bonds.
In its report issued Nov. 21, the rating agency notes that in the past two years, “Dartmouth-Hitchcock’s financial performance has largely met our expectations for revising the outlook to stable. ”
CHARLOTTE, N.C. — Bank of America Corp. on Monday said it will pay Freddie Mac $404 million to settle remaining claims over soured home loans the bank sold to the mortgage giant, marking the bank’s latest attempt to put its mortgage woes behind it.
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