Do This Quarter's Bank Earnings Confirm That We're Turning ...
2010-07-21
There is the typical model applied in Scandinavia and for that matter in Australia after its last round of banking troubles (1992) but also in Thailand, Malaysia, Indonesia and many other places. That model has the competition wiped out ..... at one of the three servicers on the deal. Bank of America Merrill Lynch is the lead servicer for the private-label reverse mortgage securitization. Bank of America will service the actual loans. The two servicers declined to [...] ...