November 30, 2007

Paulson, Banks in Talks to Stem Surge in Foreclosures (Bloomberg)

Bloomberg – Nov. 30 (Bloomberg) — U.S. Treasury Secretary Henry
Paulson is negotiating an agreement with banks to stem a surge
in foreclosures by fixing interest rates on loans to subprime
borrowers, according to people familiar with a meeting he led
yesterday.

Permalink • Print

Trackback uri

http://www.jolinszsells.com/451/paulson-banks-in-talks-to-stem-surge-in-foreclosures-bloomberg/trackback/