Bank of America Corp., the biggest U.S. bank by assets, resolved disputes with Freddie Mac and Fannie Mae by agreeing to pay more than $2.6 billion to settle claims that it sold loans based on faulty information, Bloomberg reported today. The lender said fourth-quarter results would include a $2 billion impairment charge and a $3 billion provision. Freddie Mac and Fannie Mae are among mortgage buyers that are trying to force lenders to buy back loans that may have been made with incorrect data on income and home values. Before the settlement was announced today, Bank of America faced $12.9 billion in unresolved put-back demands on soured mortgages, with about half related to government-sponsored entities, according to an Oct. 19 presentation to investors.