We’d like to return these bad loans, please.

In the past two weeks the headaches for the banks have been the result of first the borrowers who complained of faulty documentation, then the state Attorneys General offices of many states starting their investigations into this fiasco and now the investors who are holding these loans who are seeking to return them to the banks that sold the loans to them. The projected losses for lenders due to this fiasco is 7 trillion dollars. Read more

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