thrift industry
Thrift refinancing incentives studied
By Admin - Posted on February 21st, 2008
Tagged: fourth quarter
• housing market
• office of thrift supervision
• regulators
• thrift industry
A new incentive for lenders to refinance more mortgages is being considered by regulators who oversee the U.S. thrift industry, which suffered a record $5.2-billion loss in the fourth quarter of 2007 as the housing market deteriorated, the U.S. Office of Thrift Supervision said Wednesday.