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Tag Archives: WFC

Bank Earnings May Not Cover Put-Back Losses.

The Congressional Oversight Panel estimates that banks have not provisioned for $31 billion of mortgage put-backs that are coming in the next 2-3 years.

Posted byJohn Lounsbury19 November 201019 November 2010Posted inBanking NewsTags: BAC, banks, C, Congressional Oversight Panel, COP, JPM, MBS, mortgage backed securities, mortgages, WFC5 Comments on Bank Earnings May Not Cover Put-Back Losses.
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