Bank of America Loans Valued at $44 Billion Less Than Books Say (Bloomberg)
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Feb. 27 (Bloomberg) — Bank of America Corp.s loans are valued at $44.6 billion less than what its balance sheet says, according to the banks annual report released today.
BofA carries loans $44 billion above market value (Reuters via Yahoo! News)
Bank of America Corp is carrying loans on its balance sheet marked at more than $44 billion above their fair value, the company said in its annual report filed with U.S. regulators on Friday.
CLOUT seeks to cap payday loans (Louisville Courier-Journal)
An effort to cap interest rates on payday loans in Kentucky may not happen this year, but a coalition of Louisville churches is still taking up the cause.
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