Business

AG can’t sue: BofA

Bank of America is pushing back against New York Attorney General Eric Schneiderman, who threatened to sue the bank over alleged violations of last year’s $25 billion mortgage settlement.

In a letter to Mr. Schneiderman this week, lawyers for the bank said he can’t sue until the bank has been given time to cure any of the alleged violations. Bank of America alleges it was only notified of potential violations this week.