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  Bank of America settles fair housing lawsuit

Bottom Line: Victims in mortgage case could get thousands

Consumers who were victims of mortgage discrimination could get anywhere from $500 to thousands of dollars each as a result of a settlement announced Wednesday by the Justice Department.Under the deal,  Bank of America's Countrywide Financial unit is paying a&nbsp … Full story

Realty Check: Low Interest, Bad Attitudes

  CNBC's Diana Olick reports on the confluence of low interest rates and low home prices, a class action lawsuit against Countrywide Financial, and the slump in homebuilding orders.

Fannie Mae Economic Forecast

  CNBC's Dana Olick has the headlines in the real estate market, including Fannie Mae's forecast and a class action suit against Countrywide Financial.

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Related Photos

In this June 25, 2008 file photo, buildings and palm trees are reflected on the entrance of the Countrywide Financial Corp. office in Beverly Hills, Calif.

FILE:  Bank Of America To Pay $8.5 Billion In Settlement
FILE: Bank Of America To Pay $8.5 Billion In Settlement

CHARLOTTE, NC - FILE: The Bank of America headquarters is seen on February 4, 2010 in Charlotte, North Carolina. According to reports June 28, 2011, Bank of America reached a settlement in which it will pay $8.5 billion to 530 private trusts who said the bank violated mortgage obligations that we