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Loan Modification

: The Truth About Mortgage.com

Thrift Losses Fall, But Troubled Assets Rise

By scot184

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The U.S. thrift industry posted a loss of $47 million during the first quarter, a sharp improvement from the fourth quarter when savings and loans lost a collective $5.36 billion. Lower loan loss provisions softened the blow for the under-stress industry as mortgage originations surged to $95.9 billion from $63.2 billion a quarter earlier (still down [...]

Full post as published by The Truth About Mortgage.com on June 03, 2009 (boomark / email).

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