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"This is really the last big mortgage-related litigation" for B of A, says Jason Goldberg, a senior analyst at Barclays Capital. "This would finally end what was a really bad chapter in the company's history so they can move on."

Mortgage Settlement Could Be Just the Purge B of A Needs

A reported $12 billion settlement with federal and state authorities could force Bank of America to take a charge eating up most of its second-quarter profits. After that, the bank may finally get to move on.

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