More on BofA's (BAC +1.85%) earnings: "Obviously, the solid performance in our underlying...

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

More on BofA's (BAC +1.85%) earnings: "Obviously, the solid performance in our underlying businesses continues to be clouded by the costs we are absorbing from our legacy mortgage issues." Mortgage-related charges were partially offset by lower credit costs, the sale of non-core assets, improved sales and trading revenues and higher asset management and I-banking fees. (PR)