Repurchase Requests and Loss Reserve Amounts The rate of receipt of new repurchase requests continues to diminish The Company has negotiated numerous cash payment settlements for claims without the requirement to repurchase the subprime loans Exhibit 99.1 (in Thousands) $14,578 $22,365 $40,476 $46,871 $5,524 $6,314 $9,783 $9,600 $- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 Claims Reserve Claims Reserve Claims Reserve Claims Reserve 12/31/2006 3/31/2007 5/15/2007 6/11/2007 |
OceanFirst Financial (OCFC) 8-KThe rate of receipt of new repurchase requests continues to diminish
Filed: 18 Jun 07, 12:00am