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Loan Modification

: Mortgage Lender Implode-o-Meter

AIG Offers To Repurchase Toxic Subprime Portfolio From Fed For $15.7 Billion

By Implode-Explode Heavy Industries

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``Says total outstanding assistance from U.S. government will be reduced by about $13 billion to total of about $26 billion... Incidentally, $15.7 billion is below the value the Fed has Maiden Lane II marked at as of today, which is $15.9 billion.''

Full post as published by Mortgage Lender Implode-o-Meter on March 10, 2011 (boomark / email).

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