SettleSignal
Settlements Data breachConsumer refundsPrivacy & biometricsEmployment How we verify Guides Help center For business Log in See what you may be owed →
Bank of America Settlement defendant
Evidence-verified Closed Oct 31, 2018 Proof needed

Every dollar amount and date on this page is quoted from the official settlement document.

Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC

This settlement is closed. The claim deadline was October 31, 2018. It’s listed here for reference — the claim window has closed. Browse settlements open for claims →

Bank of America and Merrill Lynch settled government claims tied to mortgage-backed securities sold in 2008. If you held BOAMS 2008-A Trust certificates as of March 20, 2008, you were potentially in line for a share of the recovery.

Official eligibility wording

Persons who purchased Eligible Certificates of the BOAMS 2008-A Trust prior to March 20, 2008 and held those certificates on March 20, 2008. Checked against the official settlement source by SettleSignal on June 17, 2026.

Key facts

  • Who may qualify You may qualify if you purchased eligible certificates of the BOAMS 2008-A Trust before March 20, 2008 and still held them on that same date.
  • Estimated payoutBOAMS 2008-A Trust (from $109.22M disgorgement, $6.62M prejudgment interest, $109.22M civil penalty)
  • Claim deadlineOctober 31, 2018 (closed)
  • Proof requiredYes
  • What you needProof is required — claimants needed to document their purchase and ownership of eligible BOAMS 2008-A Trust certificates as of March 20, 2008.
  • CourtU.S. District Court, Western District of North Carolina

How hard is this claim to file?

If you purchased Eligible Certificates of the BOAMS 2008-A Trust before March 20, 2008 and held them on that date, you need to file a Proof of Claim Form — nothing is paid automatically. The deadline stated in the notice was 2018-10-31, so contact the Distribution Agent immediately to find out if late-claim options remain open.

Documents you'll need

Watch out for

  • The notice deadline was October 31, 2018 — this has already passed. Reach out to the Distribution Agent at (800) 231-1815 right away to learn if any remedy remains.
  • Only use the official site www.BOAMortgageObligations.com — scam sites sometimes impersonate SEC investor distributions.
  • The form must have been postmarked or received by the deadline; a signed but late form is likely disqualified without a court-approved extension.
  • You must satisfy both conditions: purchased before March 20, 2008 AND held on March 20, 2008. One without the other disqualifies you.

We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.

Verify it yourself

How we verified this record

How we verify records →

Verification in progress 7 / 8 fields checked against the official settlement website on June 17, 2026
  • Claim deadline
  • Payout details
  • Eligibility
  • Proof requirement
  • Administrator
  • Court case
  • Payment status
  • 1 field queued for re-check

2 official sources linked to this record.

Every check below was verified against the official settlement website on June 17, 2026.

  • Claim deadline

    October 31, 2018

    You must complete and sign the Proof of Claim Form and submit it to the Distribution Agent so that it is postmarked or received (if not sent by U.S. Mail) no later than October 31, 2018.
  • Proof requirement

    Yes

  • Payment status

    Distribution complete

    You must complete and sign the Proof of Claim Form and submit it to the Distribution Agent so that it is postmarked or received (if not sent by U.S. Mail) no later than October 31, 2018.
  • Estimated payout

    BOAMS 2008-A Trust (from $109.22M disgorgement, $6.62M prejudgment interest, $109.22M civil penalty)

    The DOJ transferred $115.84 million to the SEC for investor distribution.
  • Administrator

    Garden City Group, LLC

Show all 3 more verified fields
  • Court

    U.S. District Court, Western District of North Carolina

  • Court case number

    3:13-cv-00447

  • Case name

    Securities and Exchange Commission v. Bank of America, N.A., et al.

    The SEC brought suit against Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch regarding the "BOAMS 2008-A Trust."

Where to act

No public claim form

The claim deadline (Oct 31, 2018) has passed — this settlement is closed to new claims. Listed for reference.

SettleSignal summary card for Bank of America, N.A., Banc of America Mortgage Securities, Inc., and Merrill Lynch, Pierce, Fenner &Smith, Inc. f/k/a Banc of America Securities LLC — $109.22M, claim by October 31, 2018. Accepted official evidence on file.