DS News, one of the default industries leading publications reports that banks are now charging off loan debts faster than in the great depression.
According the "Moodys" which is a firm that reports data and reports credit ratings... only included data from the largest of firms for these numbers, which means that information from many of the hardest hitting banks is not includeded in these numbers.
With the credit crisis continuing many banks are projecting "bleak" profits 4th quarter in to 2010. To read the actual article click here
Your Northern Virginia Realtor 703 407 7088 Konnie Mac FREE No Strings attached...
search MLS to to www.KonnieMac.com
Realty Direct, 44075 Pipeline Plaza Ashburn, Virginia
If you are looking to purchase a home in Northern Virginia go to www.KonnieMac.com for free no strings attached home search.
Comments(2)