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Loan Modification

: Mortgage Lender Implode-o-Meter

PNC, Regions Break $3.1 Billion Logjam as Bidders Line Up to Buy Bad Loans

By Implode-Explode Heavy Industries

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"PNC Financial Services Group Inc. and BB&T Corp. led banks that found buyers for at least $3.1 billion of distressed property loans since March as U.S. lenders clear out bad assets that have cast doubt on their health."

Full post as published by Mortgage Lender Implode-o-Meter on August 17, 2010 (boomark / email).

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