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Loan Modification

: Mortgage Lender Implode-o-Meter

BofA Putbacks May Cost $8.5 Billion, Kotowski Says

By Implode-Explode Heavy Industries

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"Bank of America Corp., the biggest U.S. lender, may book an $8.5 billion charge on costs to resolve disputes over faulty mortgages, a figure at the upper end of the range the company gave last week, according to Oppenheimer & Co."

Full post as published by Mortgage Lender Implode-o-Meter on January 25, 2011 (boomark / email).

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