2011-11-17huffingtonpost.com

"The newly-minted largest bank in the country plans to sell mortgage-backed investments backed by loans in default, the WSJ reported. Other banks also are considering selling securities backed by distressed loans at bargain prices -- mimicking a plan the government used to help pull the nation out of the savings and loan crisis in the early 1990s, according to the WSJ."


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread