Relevant:
- Mortgage Buybacks May Cost Lenders $120 Billion, JPMorgan Says
- Banks May Face $134 Billion Loss on Loan Refunds, Compass Says
- JPMorgan Won't Detail 500,000 Loans, Trustee Says
- Wall Street Banks Preparing $4 Billion of Commercial Mortgage-Bond Sales
- Citi, Merrill, UBS Face Monoline Losses, Whitney Says
2009-04-20 — thetruthaboutmortgage.com
"The latest sliver of bad news comes from JPMorgan Chase mortgage-bond analyst Matthew Jozoff, who wrote in a report that banks are expected to lose another $400 billion related to bad loans, mainly those tied to souring real estate."
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