The Nitty-gritty On Intelligent Unsecured Business Loans Secrets

Dec 16, 2016  

The SEC's questions, which may represent another headache for Wells Fargo following a sales scandal, relate to assumptions the bank made in Discover More Here determining how to value the loans. On a portfolio of so-called "Pick-a-Pay" mortgages, for example, the discussion focused on metrics such as borrower credit score and loan-to-value. Those valuation assumptions affect Wells Fargo's earnings in that, when banks acquire distressed assets, they must value them in a way that involves some guesswork about whether the loans will be repaid. The values can rise or fall significantly over time, d

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