Agorist Hosting

Join-Us | Log-In

Media | Translate

Make a Comment • Email Link • Send Letter to Editor

IPFS News Link • Housing

Foreclosure-Gate Repercussions: BofA Takes Hit As Sheila Bair Talks

10-25-2010 • ZeroHedge.com

Finally the FDIC acknowledges the shitshow: BAIR: LITIGATION FROM SERVICER ISSUES COULD BE `VERY DAMAGING' BAIR SAYS FORECLOSURE PROBLEMS WILL REQUIRE `GLOBAL SOLUTION' BAIR: CRISIS REQUIRES `DECISIVE' ACTION FOR MORTGAGE SYSTEM BAIR: FDIC SECURITIZATION RULES `CONSISTENT' WITH DODD-FRANK And the kicker: BAIR SAYS CRISIS REVEALED `CRITICAL FLAWS' IN MORTGAGE FINANCE Oh, so there are flaws??? As a result, Bank of America takes out 10/20 lows And Bair continues being on a roll: BAIR SAYS GOVERNMENT SUPPORT MUST BE EXPLICIT IF OFFERED BAIR SAYS `MORE PROBLEMS' WILL ARISE IN MORTGAGE SERVICING

thelibertyadvisor.com/declare

FreedomsPhoenix.com

The domain and name of this website are servicemarks of Ernest Hancock.
Website is Copyright © 2025 by Ernest Hancock. All rights reserved worldwide.
PO Box 1232, Tonopah, AZ 85354 USA.

Stats by StatCounter