Banks May Face $134 Billion Loss on Loan Refunds, Compass Says

Bank of America Corp. and JPMorgan Chase & Co. are among 11 lenders that could suffer $133.8 billion in combined losses as mortgage-bond investors and insurers demand refunds for soured loans, according to an analysis by Compass Point Research and Trading LLC.

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3d rendering of a row of luxury townhouses along a street

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