Monday, August 11, 2008

Mortgage-Market Trouble Reaches Big Credit Unions

Five of the nation's largest credit unions are reporting big paper losses on mortgage-related securities, a sign that housing-market distress is spreading even to the most risk-averse financial sectors.

read more | digg story

No comments:

12-22-2024

U.S. Navy Shoots Down Own Plane... As Fresh Strikes Target Houthi Rebels in Yemen... Pilots eject safely over Red Sea... REPUBLICANS DEFY MA...