Thread: Are Banks Still Lending?
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Old 10-11-2008, 02:42 PM   #49 (permalink)
MODE ROGUE

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Join Date: Apr 2004
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Quote:
Originally Posted by kingstu View Post
There are over 7500 banks in the U.S. Analysts expect 150 or so to fail over the next 12 to 18 months. More than 1000 failed during the S&L crisis.

Analysts say more U.S. banks will fail - International Herald Tribune
Look up the numbers on failing mortgage companies and correspondent lenders to get the true picture of what’s happening in the lending industry.
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