Banks Feeling the Heat on Foreclosure Problems

Friday, October 15, 2010

Stop foreclosures sign (Thomas Hawk/flickr)

Shares of financial companies dropped yesterday on concerns about how reviews of home-foreclosure practices will affect their balance sheets. Louise Story, Wall Street and finance reporter for our partner, The New York Times, has been looking at analyses of how hard the blow may be for banks, and how long it might last.

Produced by:

Posey Gruener


Louise Story

Comments [1]

Jer Wilcoxen from LA

Just ask the Rappin' Foreclosure Mom! I think this really shows the level of frustration in the country at this point. When Moms start rappin' about somethin', you know it's bad.

Oct. 15 2010 02:53 PM

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