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



NewsWhore
03-04-2009, 02:10 PM
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Bank Charges May Surge as Mortgages Marked to Market (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Daayr7s9dpgpw%26refer%3Dhome&cid=0&ei=z9KuSZvFG5CA7QPIsJGBBA&usg=AFQjCNGIKp1C-hpW-_Mc9UJ6drHqHF9_Cg)
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. ...


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