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Loan Modification

: Loan Modification & Home Loan News

Foreclosures: Next shoe to drop for banks?

By Moe Bedard

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That’s because it’s still difficult to know just how many bad loans tied to the bank’s purchase of Countrywide are affected. Ober said BofA could be forced to raise more capital if the problems are worse than feared. “It’s a bump in the road. The only question is how big of a bump it is,” [...]

Full post as published by Loan Modification & Home Loan News on October 19, 2010 (boomark / email).

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