1 Articles match "2009","America","Presentation"

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How Much for Those Lender Assets in the Window?
In September Merrill was bought by the Bank of America for $29 a share . In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation regarding the transaction, JPMorgan Chase divided the WAMU mortgage portfolio into four parts and detailed its expected losses: $50.3 How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com - Tuesday, February 3, 2009
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  • How Much for Those Lender Assets in the Window?
    In September Merrill was bought by the Bank of America for $29 a share . In other words, not all of WAMUs liabilities. “In conjunction with this acquisition,” said JPMorgan Chase, it would be “marking down the acquired loan portfolio by approximately $31 billion, which primarily represents our estimate of remaining credit losses related to the impaired loans.” In its investor presentation regarding the transaction, JPMorgan Chase divided the WAMU mortgage portfolio into four parts and detailed its expected losses: $50.3 How Much for Those Lender Assets in the Window? By Peter G.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE