TITLE

Prepayments start to haunt home lenders

AUTHOR(S)
Kulkosky, Edward
PUB. DATE
August 1993
SOURCE
American Banker;8/19/1993, Vol. 158 Issue 159, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the home mortgage industry problems on prepayments. Losing loan servicing assets; Fleet Financial Group's $100 million charge to earnings in the second quarter of 1993; Marine Midland Banks Inc.'s exposure to prepayment risk; Countrywide Credit Industries' offsetting of servicing writedowns; More.
ACCESSION #
9312292895

 

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