0 minute readBank of America, the biggest US lender by assets, said it has been dealing with a “very limited” number of requests to repurchase soured mortgages out of securities lacking government-backed guarantees. Unresolved mortgage-repurchase requests from all investors and insurers totaled about $11.1bn on June 30, the Charlotte, North Carolina-based bank said today in a filing with the Securities and Exchange Commission.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
