B Of A Says Almost Half Of Its Mortgages Are To Be Segregated “Bad”
thestatedtruth.com | March 10, 2011
Interesting….. Bank of America Says Nearly Half Its Mortgages Are ‘Bad’ Washington Business Journal Bank of America Corp. is segregating almost half its 13.9 million mortgages into a “bad†bank comprised of its riskiest and worst-performing “legacy†loans, Bloomberg News reported, citing Terry Laughlin, who is running the new unit. “We are creating a classic […]
