Detailed text transcripts for TV channel - CNN - 20170119:17:43:00
>> what do you mean by how much did they pay us for the losses? >> what was the compensation for the fdic for foreclosing on homes? share loss agreement. >> the way the shared loss agreement, and i would comment, i think there's been like 400 shared loss agreements, i think, according to the fdic's public data, they believe that they saved $40 billion by using the shared -- >> the answer is $1.2 billion. $1.2 billion. >> but that's after we absorbed $2 billion of losses. >> so you're not saug that's not a motivation to foreclose on a home is $1.2 billion? >> no, it's not a motivation because t...
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