The HELOC Bust: Next Problem for Big Banks?
Apr 13th 2010 12:59PM
Say it ain't so. If a prediction from a leading research firm turns out to be accurate, three of the country's biggest banks are poised for colossal losses of up to $30 billion -- this time because of their exposure to home-equity loans. The research firm, CreditSights Inc., says that Bank of America, Wells Fargo and... Continue Reading »
