infamous "robosigning" and lost paperwork

Large And Small Banks Could Be Affected By The Fed's New 'Loose Paperwork' Fine - Seeking Alpha:

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It was really just a matter of time. As a percentage of assets, large, money center bank loans outstanding are usually well under 50%. For instance, at year's end 2011, just 31% of JP Morgan Chase's (JPM) assets were its loan portfolio. The loan percentage was 42% at Bank of America (BAC), and at Citigroup (C), 36%. And for these larger banks, within their loan portfolios we have many commercial and industrial scale loans, and a relative trickle of home loans. Many of these home loans are purchased by the money center banks from the originating bank. Regional ranks typically have 60% or more of their assets tied up in their loan portfolios. So, I have long believed it was just a matter of time before some of the same mortgage fraud allegations that have been brought against the likes of Citibank and Bank of America were brought to bear against regional banks as well. That day has arrived.