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Loan Modification

: Mortgage Lender Implode-o-Meter

S&P: Buyback Exposure for Megabanks May Cost $31B More

By Implode-Explode Heavy Industries

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"Repurchase requests from secondary market investors ? including Fannie Mae and Freddie Mac ? could end up costing banks a total of $43 billion through 2012, according to a recent report from Standard & Poor's."

Full post as published by Mortgage Lender Implode-o-Meter on November 08, 2010 (boomark / email).

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