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Regions Financial and SunTrust Banks did not submit a dividend or stock repurchase request to the Fed.
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And the number of those repurchase requests has risen sharply in recent years.
For example, the letter tells them to detail the risks associated with potentially higher loan repurchase requests and defects in the loan securitization process.
What's more, the bank reckons it will have to buy back only about half the mortgage repurchase requests and has almost $4 billion stashed away to help.
Mary Eshet, a Wells Fargo spokeswoman, said the bank "continues to have a productive relationship with the agencies as we work together to mutually resolve repurchase requests in a timely manner".
"While the research involved in this process can be time-consuming," she said, "it is Wells Fargo's goal to complete repurchase requests as quickly as possible, and we have adjusted staffing levels appropriately to respond to current volumes".
Fannie Mae and Freddie Mac said they are looking out for U.S. taxpayers in making repurchase requests.
Bank of America has far more Fannie Mae mortgage repurchase requests than any other bank.
It now has $952 million reserved to fund the fulfillment of those repurchase requests, up 31percentt from June 30 and 223 percent from this time last year.
Against that backdrop, Citi increased the amount of money it sets aside to handle repurchase requests from investors and Fannie and Freddie.
And at the end of 2012, SunTrust said it had $655 million in repurchase requests outstanding.
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