United States: Bank of America's Bad Loans Top $7 Billion, Credit Suisse Says
Byline: babalu03 Bank of America Corp. , the biggest U. S. lender, may report a 10 percent jump in uncollectible loans to $7. 6 billion when second - quarter earnings are released this month, Credit Suisse said in a report. Bad debts included $1. 9 billion tied to home equity, and about 10. 4 percent of Publication: TendersInfo
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Press Release: Bad Credit Home Equity Loans
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