the bank not only misapplied its customers' loan payments but also charged the wrong amounts in fees and interest. The CFPB also found that the bank repossessed some properties by mistake.18
Other net operating income In 2011, the Group reaped other net operating income of RMB5,535 million, including a net foreign exchange gain of RMB1,451 million, a net gain of RMB489 million on disposals of fixed assets, a net gain of RMB172 million on disposals of repossessed assets, ...
I’ll bet good money that secret legislation is being prepared to vanquish banks from have to pay property taxes on their newly repossessed properties. Reply Greg 08/31/2011 • Matslinger, I hope you are wrong but I fear you are right on target!! Thank you for the reporting and analy...