Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! Message Board

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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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From: ravenseye	8/21/2014 12:57:19 PM
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... originated through its “wholesale” channel of mortgage brokers unaffiliated with Bank of America entities. Bank of America knew that such wholesale channel loans – described internally as “toxic waste” – presented vastly greater risks of severe delinquencies, early defaults, underwriting defects, and prepayment. ... sec.gov Bank of America Admits Disclosure Failures to Settle SEC Charges Bank Also Resolves Separate SEC Case in $245 Million Settlement FOR IMMEDIATE RELEASE 2014-172 Washington D.C., Aug. 21, 2014

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