BofA Said to Reiterate $13 Billion Offer in U.S. Talks

''Bank of America Corp. reiterated an offer to pay about $13 billion to settle federal and state probes of mortgage-backed bond sales, a deal prosecutors had previously rejected, a person with knowledge of the matter said. The offer, made in a meeting yesterday with the Justice Department's Associate Attorney General Tony West, was viewed by the government as a step backward in the negotiations, said the person, who asked not to be named because the deliberations aren't public.''