Updated Friday, July 3, 2015 as of 7:43 PM ET

AIG to Get $650 Million as BofA Seeks to End Mortgage Woes

(Bloomberg) -- American International Group, the largest commercial insurer in the U.S. and Canada, will get at least $650 million in a settlement with Bank of America as the second-biggest U.S. bank seeks to end liability for faulty mortgages.

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