FBC Markets Now November 20, 2012
Rather than selling empty foreclosed homes in the market to rent them for a period if thats appropriate. Part of the outcome of that is that banks have been working hard to increase their modifications to reduce foreclosures to assist homeowners who are unfairly treated in the past and so on. From a supervisory, regulatory perspective, we are trying to help, but in that republic, we are like other regulatory agencies who are addressing this issue. Finally, and i dont want to underestimate this part. Analytically. Analytically, we studied the issues from the beginning of the crisis to before, i...