Recent maneuvers by Bank of America (BAC) could mean a settlement of its legal disputes with...

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

Recent maneuvers by Bank of America (BAC) could mean a settlement of its legal disputes with MBIA (MBI +6.5%) is coming in early 2013, writes CreditSights. It's likely both issues - MBIA's claims BofA owes it billions over bad mortgages, and BofA's claim MBIA owes it billions over CDS - would be part of a comprehensive deal.