Government reportedly wants more than $13B from BofA over mortgages

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

Bank of America (BAC) in Q1 salted away another $2.4B in legal reserves without saying why, but the WSJ last week reported talks between the bank and the government over a settlement had intensified following last year's massive JPMorgan deal (also $13B).

Today, it's Bloomberg reporting the U.S. as seeking more than $13B from BofA.