Market regulation · 02/12/2014Updated: 10/17/2026 · 1 min read
Banc of America Mortgage Securities, Inc. Receives Temporary Exemption from US Court Injunctions
Banc of America Mortgage Securities, Inc. and its affiliates have received a temporary exemption from a US court to avoid injunctions against Bank of America, Merrill Lynch, and the company itself, pending a final decision on a permanent order. The exemption, granted on November 25, 2014, allows the applicants to continue their efforts to obtain a permanent order, which would exempt them from certain restrictions.