C*1
2 楼
BAC占了我20%仓位了。
u*4
3 楼
跟！
D*e
4 楼
New York, October 02, 2013 -- Bank of America has reduced its loan
servicing portfolio by almost half since 2010 through the use of sub-
servicing arrangements and sales of mortgage servicing rights, says Moody's
Investors Service in a Servicer Report published today.
Bank of America in 2010 decided to shed its portfolio of high-risk loans. At
the end of 2010 it identified 6.5 million of the 13 million mortgage loans
in its servicing portfolio as high risk and targeted these loans for sale
and subservicing.
"This strategy significantly changes Bank of America's servicing operations,
" said Moody's Assistant Vice President and author of the report Gene Berman
. "It involves cutting staff levels and closing or consolidating servicing
sites."
As of 31 August, the servicing portfolio totaled around 6.7 million loans
with an unpaid principal balance of approximately $910.1 billion, a
significant decline from the last review when it serviced around 10.5
million loans with an unpaid principal balance of $1.5 trillion as of 31
August 2012. It has already significantly reduced its employee roster (full-
time, contract and vendor) to 42,000, down from its peak of 59,000 employees.
Bank of America has 33 servicing locations, including 8 vendor sites, in 13
states, down from 51 locations in our last review, and may eliminate other
sites or transition them to origination platforms. Vendor relationships have
not escaped the cuts either; the bank now outsources 25% of its primarily
early-stage collections activity, down from a peak of 70%. Its use of single
point of contacts to coordinate loss mitigation activities has also fallen
to just under 2,000, from 9,000 in November 2012.
"Bank of America has executed on its strategy thus far, and if it continues
its efforts, will no longer be a major servicer of delinquent loans," said
Berman.
servicing portfolio by almost half since 2010 through the use of sub-
servicing arrangements and sales of mortgage servicing rights, says Moody's
Investors Service in a Servicer Report published today.
Bank of America in 2010 decided to shed its portfolio of high-risk loans. At
the end of 2010 it identified 6.5 million of the 13 million mortgage loans
in its servicing portfolio as high risk and targeted these loans for sale
and subservicing.
"This strategy significantly changes Bank of America's servicing operations,
" said Moody's Assistant Vice President and author of the report Gene Berman
. "It involves cutting staff levels and closing or consolidating servicing
sites."
As of 31 August, the servicing portfolio totaled around 6.7 million loans
with an unpaid principal balance of approximately $910.1 billion, a
significant decline from the last review when it serviced around 10.5
million loans with an unpaid principal balance of $1.5 trillion as of 31
August 2012. It has already significantly reduced its employee roster (full-
time, contract and vendor) to 42,000, down from its peak of 59,000 employees.
Bank of America has 33 servicing locations, including 8 vendor sites, in 13
states, down from 51 locations in our last review, and may eliminate other
sites or transition them to origination platforms. Vendor relationships have
not escaped the cuts either; the bank now outsources 25% of its primarily
early-stage collections activity, down from a peak of 70%. Its use of single
point of contacts to coordinate loss mitigation activities has also fallen
to just under 2,000, from 9,000 in November 2012.
"Bank of America has executed on its strategy thus far, and if it continues
its efforts, will no longer be a major servicer of delinquent loans," said
Berman.
a*8
5 楼
老夫响应号召，从下午开始shop yhoo，终于在盘后34.09买到，不知道alibaba啥时候
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