US thrifts set aside record amount for troubled loans
Wednesday, May 28th, 2008home owner insurance quote
Federally regulated savings and loans set aside a record $7.6 billion to cover losses on problem loans in the first quarter as they felt the brunt of the housing market’s downturn.
The Office of Thrift Supervision said Tuesday that the nation’s 831 thrifts lost $617 million in the quarter, down from a profit […]
