PDA

View Full Version : Bank of America Charges May Surge as Mortgages Marked to Market - Bloomberg



NewsWhore
03-04-2009, 04:31 AM
<img alt="" height="1" width="1">
Bank of America Charges May Surge as Mortgages Marked to Market (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaoXvQxGD5ChU%26refer%3Dnews&cid=0&ei=CUuuSaHbGZuoM9eK2fcD&usg=AFQjCNH74xmoBSpHzJDSPkKMRqrlk6z7mQ)
Bloomberg
Bank resistance to more aggressive action was reflected in a December study by the Comptroller of the Currency, a federal banking regulator. After six months, more than 55 percent of the loans modified last year re-defaulted, that report showed. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaoXvQxGD5ChU%26refer%3Dnews&cid=0&ei=CUuuSaHbGZuoM9eK2fcD&usg=AFQjCNH74xmoBSpHzJDSPkKMRqrlk6z7mQ)