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Loan Modification
: Loan Modification & Home Loan NewsIt could be 10 years before banks get out of this mess
By Moe Bedard
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?This is absolutely the worst market I?ve seen,? said Hawking, a commercial lender for 30 years who is chief lending officer at Crestview Hills-based Bank of Kentucky Financial Corp. ?I never thought I?d see property values drop 30 to 50 percent and demand so tepid with prospects so uncertain. If a bank has exposure to [...]Full post as published by Loan Modification & Home Loan News on March 05, 2010 (boomark / email).
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