BofA ‘Comfortable’ Bank Can Absorb Home-Equity Losses
March 11, 2010
March 11 — Bank of America Corp. Chief Executive Officer Brian Moynihan said the lender, the biggest in the U.S., can absorb losses on its $149 billion home-equity loan portfolio even after the four-year slump in housing prices .
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BofA ‘Comfortable’ Bank Can Absorb Home-Equity Losses
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