Yesterday was a great day on Wall Street. The Dow gained almost 500 points.
Earlier in the day the government announced its plan to deal with so called toxic assets. These are basically home loans on homes in default, which banks can’t sell on the secondary market, i.e. to other banks or investors. We all know that [...]
Will Investors buy Toxic Assets in Partnership with the Government?
March 24th, 2009 No Comments
Tags: bailout · columbus houses · columbus loans · columbus mortgage · columbus realtors · legacy loans · public private partnership · toxic assets