BofA jumbo-deal delay shows market on life support

BANK of AMERICA Corp.'s return to selling mortgage securities shows that the housing bust is still limiting the market's recovery. / BLOOMBERG FILE PHOTO/JIN LEE
BANK of AMERICA Corp.'s return to selling mortgage securities shows that the housing bust is still limiting the market's recovery. / BLOOMBERG FILE PHOTO/JIN LEE
NEW YORK - A delay of Bank of America Corp.’s return to selling mortgage securities shows the housing bust is still limiting the market’s revival. Its Merrill Lynch unit has been considering since last month a plan to package hundreds of millions of dollars of U.S. jumbo home loans it had acquired into securities, said…
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