Bank of America Corp (NYSE:BAC) has put up for sale at least $1 billion worth of toxic mortgage assets, the New York Post said on Monday, citing sources.
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Bids are due by the end of December for the assets, which includes already written-off loans and mortgage-servicing rights, the paper said.
Bank of America declined to comment to the New York Post. The company could not be immediately reached for comment by Reuters outside regular U.S. business hours.