BofA (BAC) has received a boost in its attempts to receive court agreement for an $8.5B...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

BofA (BAC) has received a boost in its attempts to receive court agreement for an $8.5B mortgage-bond settlement with investors after an important opponent of the deal, Boston hedge fund Baupost, said it wished to "withdraw as an intervener in this proceeding." That leaves AIG as the last significant objector to the agreement.