BANK OF AMERICA

Investor Relations

Bank of America Issues Statement

Printer Friendly Version View printer-friendly version
<< Back

CHARLOTTE, N.C., Dec 15, 2010 (BUSINESS WIRE) -- Bank of America today issued the following statement:

Counsel for BAC Home Loans Servicing, LP and Gibbs & Bruns LLP on behalf of certain investors including those who signed the previously reported October 18, 2010 letter with respect to private label residential mortgage-backed securitizations, as well as counsel for The Bank of New York Mellon, as trustee, have agreed to extend any time periods commenced by the October 18 letter. This extension will permit the parties to continue constructive dialogue around the concerns raised. The agreement covers all of the securitizations listed on the attached Exhibit A. The claims and defenses of all parties are preserved.

Exhibit A

CWALT
2004-14T2

CWALT
2005-24

CWALT
2006-OC8

CWALT
2007-HY5R

CWHL
2005-30

CWHL
2007-HYB2

CWL
2005-9

CWL
2006-9

CWALT
2004-29CB

CWALT
2005-32T1

CWALT
2006-14CB

CWALT
2007-J2

CWHL
2005-9

CWHL
2007-J1

CWL
2005-AB2

CWL
2006-BC2

CWALT
2004-35T2

CWALT
2005-35CB

CWALT
2006-20CB

CWALT
2007-17CB

CWHL
2005-HYB3

CWHL
2007-J3

CWL
2005-AB3

CWL
2006-BC3

CWALT
2004-J6

CWALT
2005-36

CWALT
2006-41CB

CWALT
2007-23CB

CWHL
2005-HYB9

CWHL
2007-12

CWL
2005-AB4

CWL
2006-BC4

CWALT
2004-32CB

CWALT
2005-44

CWALT
2006-HY12

CWALT
2007-OA7

CWHL
2005-R3

CWHL
2007-16

CWL
2005-BC5

CWL
2006-BC5

CWALT
2004-6CB

CWALT
2005-45

CWALT
2006-OA11

CWALT
2008-2R

CWHL
2006-14

CWHL
2008-3R

CWL
2005-IM1

CWL
2006-SD1

CWALT
2004-J1

CWALT
2005-56

CWALT
2006-OA16

CWHL
2004-13

CWHL
2006-15

CWL
2004-SD1

CWL
2006-S9

CWL
2006-SD3

CWALT
2005-16

CWALT
2005-57CB

CWALT
2006-OA17

CWHL
2004-HYB2

CWHL
2006-20

CWL
2004-SD2

CWL
2006-10

CWL
2006-SD4

CWALT
2005-19CB

CWALT
2005-64CB

CWALT
2006-OA6

CWHL
2004-HYB5

CWHL
2006-3

CWL
2004-SD3

CWL
2006-12

CWL
2006-SPS2

CWALT
2005-48T1

CWALT
2005-72

CWALT
2006-OA9

CWHL
2004-HYB6

CWHL
2006-HYB1

CWL
2004-SD4

CWL
2006-15

CWL
2007-10

CWALT
2005-53T2

CWALT
2005-73CB

CWALT
2006-OC10

CWHL
2004-22

CWHL
2006-J4

CWL
2005-12

CWL
2006-16

CWL
2007-4

CWALT
2005-59

CWALT
2005-74T1

CWALT
2006-OC2

CWHL
2004-25

CWHL
2006-OA4

CWL
2005-10

CWL
2006-19

CWL
2007-2

CWALT
2005-65CB

CWALT
2005-81

CWALT
2006-OC4

CWHL
2004-29

CWHL
2006-9

CWL
2005-11

CWL
2006-2

CWL
2007-5

CWALT
2005-6CB

CWALT
2005-AR1

CWALT
2006-OC5

CWHL
2004-HYB9

CWHL
2006-HYB2

CWL
2005-13

CWL
2006-20

CWL
2007-6

CWALT
2005-82

CWALT
2005-J5

CWALT
2006-OC6

CWHL
2005-J1

CWHL
2006-HYB5

CWL
2005-16

CWL
2006-22

CWL
2007-7

CWALT
2005-85CB

CWALT
2005-J9

CWALT
2006-OC7

CWHL
2005-11

CWHL
2006-J2

CWL
2005-2

CWL
2006-24

CWL
2007-9

CWALT
2005-14

CWALT
2006-21CB

CWALT
2007-15CB

CWHL
2005-14

CWHL
2006-OA5

CWL
2005-4

CWL
2006-25

CWL
2007-BC1

CWALT
2005-21CB

CWALT
2006-23CB

CWALT
2007-22

CWHL
2005-18

CWHL
2006-R2

CWL
2005-5

CWL
2006-26

CWL
2007-BC2

CWALT
2006-39CB

CWALT
2007-5CB

CWHL
2005-19

CWHL
2007-10

CWL
2005-6

CWL
2006-3

CWL
2007-BC3

CWALT
2006-46

CWALT
2007-7T2

CWHL
2005-2

CWHL
2007-11

CWL
2005-7

CWL
2006-5

CWL
2007-QH1

CWALT
2006-OA21

CWALT
2007-8CB

CWHL
2005-3

CWHL
2007-14

CWL
2005-8

CWL
2006-7

CWL
2007-S3

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,900 retail banking offices and approximately 18,000 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

www.bankofamerica.com

SOURCE: Bank of America

Investors May Contact:
Kevin Stitt, Bank of America, 1.980.386.5667
Lee McEntire, Bank of America, 1.980.388.6780
or
Reporters May Contact:
Jerry Dubrowski, Bank of America, 1.980.388.2840
jerome.f.dubrowski@bankofamerica.com