Posted by Skycypher in Uncategorized on 03 12th, 2008 |
2 Comments
Homeowners have zero equity/collateral to bargain for loans
Economy
Bernanke Urges Banks to Help Borrowers More
by Jim Zarroli
All Things Considered, March 4, 2008 · Federal Reserve Chairman Ben Bernanke told a roomful of bankers Tuesday that they need to do more to help troubled borrowers. Banks have been giving borrowers who are about to default more time...