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Loan Modification

: The Truth About Mortgage.com

More than 120 Banks Miss TARP Payments

By scot184

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Sure, a record number of homeowners have missed mortgage payments, but they aren’t alone. More than 120 banks (mostly small, regional ones) that received federal aid via Troubled Asset Relief Program (TARP) have missed scheduled quarterly dividend payments. That’s more than a sixth of the banks that received aid at the height of the mortgage crisis. Another five [...]

Full post as published by The Truth About Mortgage.com on September 14, 2010 (boomark / email).

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