Bank of America and Its Continuous Calamity

Bank of America and Its Continuous Calamity

While JPMorgan Chase investors appear to have a slightly clearer road away from legal quagmires, Bank of America may be returning to the unwanted spotlight. Even though Bank of America has resolved disputes with the FHFA, other outstanding claims regarding mortgage securities are still unresolved.

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson is joined by Motley Fool One analyst Morgan Housel to discuss the day's headlines. Among the topics they discuss are JPMorgan Chase's massive potential settlement and how it impacts Bank of America shareholders.

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David Hanson owns shares of JPMorgan Chase. Fool contributor Morgan Housel has no position in any stocks mentioned. The Motley Fool recommends Bank of America and Wells Fargo. The Motley Fool owns shares of Bank of America, JPMorgan Chase, and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Originally published