Pickle Real Estate

Reading Between the Head-Lines

BofA’s Moynihan `Surprised’ by New York Fed Loan Putback Demand

2010-11-03  -Bloomberg.com

“Bank of America Corp. Chief Executive Officer Brian T. Moynihan said he was surprised when the Federal Reserve Bank of New York and investors sent a letter pushing the firm to repurchase soured mortgages pooled into securities.”

 

original article

 

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November 4, 2010 - Posted by | Banking, Foreclosure, Lending, Stats

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