The $8.5 billion Countrywide/Bank of America settlement is set to have its final hearing on May 2, 2013, Barclays Capital analysts reported, citing a recent court filing.

This court document shows the agreed upon schedule  for the discovery process and the hearings. This schedule specifies the dates and somewhat increases the timing certainty of the proceedings. Barclays analysts still believe that the cash can be paid out in 2H13, most likely late 3Q13 or 4Q13. 

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