bofa short sales: Has BofA Hit the Tipping Point. You have to wonder.
- 11/08/10 04:36 PM
Has BofA Hit the Tipping Point? You have to wonder. Take a look at this article by Jonathan Weil. http://www.bloomberg.com/news/2010-11-04/bank-of-america-edges-closer-to-tipping-point-commentary-by-jonathan-weil.html Earlier this week I posted a comment on a blog about pressure on lenders from the investor side of a bad loan. It may be time for the lenders to start working through their short sale applications. Not that it has anything to do with societal issues. But to mitigate the loss they may take on from investors. You have to wonder just what can happen when a lender like BofA (who swallowed a lender like Countrywide) is facing strong pressure from investors to force buybacks of … (9 comments)
Has BofA Hit the Tipping Point? You have to wonder. Take a look at this article by Jonathan Weil. http://www.bloomberg.com/news/2010-11-04/bank-of-america-edges-closer-to-tipping-point-commentary-by-jonathan-weil.html
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