Bank of America Corp. and JPMorgan Chase & Co. are among 11 lenders that could suffer $133.8 billion in combined losses as mortgage-bond investors and insurers demand refunds for soured loans, according to an analysis by Compass Point Research and Trading LLC.
Banks May Face $134 Billion Loss on Loan Refunds, Compass Says
Most Popular Articles
Latest Articles
While the Austin housing market isn’t sizzling, agents say it is still warm
Despite an uptick in inventory, Austin metro area home prices are holding steady and giving agents confidence in the strength of the market
