For Bank of America, crisis isn’t over

``The Charlotte, N.C.-based bank reported a disappointing $1.2 billion loss for the fourth quarter as worse-than-expected mortgage losses — $4.1 billion to settle its account with Fannie Mae and Freddie Mac and $2 billion in additional write-downs tied to the business. See full story on B. of A. results... through its ill-fated acquisition of Countrywide Financial, B. of A. remains essentially a mortgage bank and not a very healthy one.''