iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

BofA Takes a 20-25% Haircut on the Sale of a Commercial Mortgage Portfolio

Do not  be too worried as it is only a 1/4 billion dollar hit…but it begs the question of why now when the company is supposedly in a “good” cash position?

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter