| 9/13/11--BofA Correspondent Update; Basel Rules Called "Anti-American"; MetLife Servicer-Quality Rating Reduced |
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| Wednesday, 14 September 2011 06:28 |
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Many in the industry are waiting and watching for news on Bank of America's correspondent channel. There are the usual rumors about a buyer (Nationstar, Fortress Investment Group, HSBC, a REIT to be named later, etc.) but in the meantime a regional BofA rep sent a note out to clients addressing some key issues. |