Do BofA filings disclose $1.5 bln in lawyers' fees?
Bank of America's eagerly-awaited fourth-quarter Securities and Exchange Commission filings landed Thursday. The bank reported that its liability for breaches of representations and warranties in mortgage-backed securitization contracts is up to $15.8 billion, with outstanding reps and warranties claims by Fannie Mae, Freddie Mac, bond insurers, and private-label investors already totalling $14.2 billion.

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