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Real Estate & Property Law

: Housing Wire

Thrift Losses Narrow, Bad Assets Still a Drag

By KELLY CURRAN

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In a day of mixed news for the thrift industry, the Office of Thrift Supervision (OTS) released a report showing losses at US thrifts narrowed significantly in Q109. But the regulator also reported the number of problem institutions climbed and the value of the industry’s bad assets hit a record high. Thrifts reported a $47m loss in [...]

Full post as published by Housing Wire on June 03, 2009 (boomark / email).

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