MBIA (MBI -1.3%) investors might be interested in BofA's (BAC) acknowledgement it has increased...

|About: MBIA Inc. (MBI)|By:, SA News Editor

MBIA (MBI -1.3%) investors might be interested in BofA's (BACacknowledgement it has increased litigation reserves associated with the monoline insurers, writes BTIG. Key to MBIA will be whether a judge approves the $8.5B settlement over $108B in Countrywide-related mortgage losses. This ratio is key, and if a judge feels it should be higher, the "hyenas (will) come to feast."