1 Articles match "America","Down Payment","Recourse"
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How Much for Those Lender Assets in the Window?
The recourse on this loan will be limited to the assets of the purchaser. 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 How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
|
-
How Much for Those Lender Assets in the Window?
The recourse on this loan will be limited to the assets of the purchaser. 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 How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009