Relevant:
- Mortgage Debacle Costs U.S. Banks $66 Billion as Bad Home Loans Sap Profit
- BofA, Lenders Face Possible N.J. Foreclosure Freeze
- Banks May Face $134 Billion Loss on Loan Refunds, Compass Says
- JPMorgan Chase May Face Enforcement Action, Added Costs in Mortgage Probe
- Fannie, Freddie Ask Banks to Eat Soured Mortgages
2011-10-04 — businessweek.com
``Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co. are among mortgage servicers that may face $13.5 billion in costs if the Federal Housing Administration rejects insurance claims on soured loans, according to FBR Capital Markets Corp.''
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