The Real Estate Encyclopedia
Many small banks waiting to access government funds
Category - Mortgage Questions - Mortgage Loans FAQ's
FINANCIAL BAILOUT

Many small community banks are growing frustrated about their inability to access the government's $700 billion financial rescue fund, nearly two months after large banks began tapping the fund for much-needed capital. Some small banks in Florida would likely benefit from the cash infusion if the government would set up guidelines for private banks to tap the fund.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n4-121508.cfm
 
Category(s)
Mortgage Questions - Mortgage Loans FAQ's
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