Banks, how do they work?
June 5, 2011 9:34 PM Subscribe
When a bank decides to foreclose instead of restructuring a mortgage, is this favorable or unfavorable to its balance sheet? So that I can learn more about this side of the banking business, are there any resources that go into detail in explaining the decision-making process of banks in this situation, especially in the context of the financial crisis?
posted by blargerz to Work & Money (8 answers total)