The Bankwatch

Tracking the consumer evolution of financial services

Signs of trouble in the western economies remain for banks

Whether its Greece, Portugal and the EU financial issues, or the ongoing housing saga in the US, we are clearly not yet out of the woods relative to the 2008 banking crisis.

U.S. Plans to Expand Aid to Troubled Homeowners | NYT

The Obama administration will announce on Friday a broad new initiative to help troubled homeowners, potentially refinancing several million of them into fresh government-backed mortgages with lower payments.

Written by Colin Henderson

March 25, 2010 at 20:43

Posted in economy, Europe, US

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