US Treasury Funds 6 Bks, Adds 4 Servicers To Mortgage Program
22 7월 2009 - 6:30AM
Dow Jones News
The U.S. Treasury has provided capital for an additional six
banks, a report released Monday shows.
The small banks in Ohio, Florida, Indiana, Pennsylvania and
Illinois received a combined $91.6 million in capital on Friday,
the report shows.
The Treasury also has added four mortgage services to a program
aimed at providing incentives for the modification of troubled
mortgage loans. The servicers added are MorEquity Inc, PNC Bank,
N.A., Farmers State Bank and ShoreBank.
-By Meena Thiruvengadam, Dow Jones Newswires; 202-862-6629;
meena.thiruvengadam@dowjones.com