InvestorsHub Logo
icon url

brandemarcus

08/16/13 12:32 PM

#112444 RE: bmp152 #112436

The real fun begins with the 53 billion still in loss reserves. Loss severity has declined to 25% on loans that went to foreclosure from about 40% in 2010. Most of the problem loans (230 billion) are trouble debt restructurings which must be classified as problem loans even if the borrowers are current. I am going on memory so everyone should check the details themselves in the 10Q. Happy hunting!