BofA to pay $335 million to settle fair-lending claims

The nation's largest residential fair-lending settlement will
resolve government allegations that Bank of America's Countrywide
Financial unit discriminated against minority home buyers during
the frenzied days of the mortgage boom.Bank of America Corp. agreed
to pay a record $335 million to resolve a government claim that its
Countrywide Financial unit discriminated against minority home
buyers during the frenzied days of the mortgage boom.