Welcome to my Blog: Real Dirt; Real Estate That Is!
I'm no economics expert, but this looks like it ccould be another big plus or minus
in the new year.
What's a bad bank? The one under consideration at Treasury would buy frozen mortgage assets off the books of large and small commercial banks. That in turn would give them the capital they need to lend to all sort of borrowers, including real estate investors.
Check out this link for more information. Investor Report: Bad Bank Program
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