The German bank needs the stuff, after agreeing to provide $ 4.1 billion of relief to borrowers as part of a larger legal planning to finance fund managers that would in turn offer easier terms to borrowers, but that may prove too expensive to cover all its needs. Now it's also looking at indirectly funding new loans to subprime borrowers, according to a person with knowledge of the situation.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published.