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PLEDGING RESTRAINT: The days of seeking 20% market share in mortgages "are far behind us," Bank of America CEO Brian Moynihan says. "[Mortgages] will be a smaller business."

Why B of A's Higher Legal Reserves Could Be a Good Thing

B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.

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