Articles About John Nester
- Author:
- James I. Clark III
- Posted:
- 12.07.2010
SEC Wants Banks to Divulge Potential Foreclosure Losses
The Securities & Exchange Commission (SEC) is advising banks to divulge their anticipated losses from bad foreclosure documents. Lenders are required to divulge conditions where they “reasonably expect” to have an “unfavorable impact” on financial results, according to a letter posted by the SEC on their website. SEC posted the letter as a response to […]