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Loan Modification

: Mortgage Lender Implode-o-Meter

BofA Weighed Down By $11B of Pending Repurchase Demands

By Implode-Explode Heavy Industries

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``At June 30, 2010, the unpaid principal balance of loans related to unresolved repurchase requests previously received from investors and insurers was approximately $11.1 billion, including $5.6 billion from the GSEs, $4.0 billion from the monolines, and $1.4 billion from other investors, and $33 million from private label MBS transactions. ''

Full post as published by Mortgage Lender Implode-o-Meter on August 13, 2010 (boomark / email).

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