Bank-Owned Property Exposures – REO

The insurer Zurich just released a "white-paper" on the topic of the liabilities faced by banks on Real Estate Owned properties (REO). Sorry Zurich but your piece is short on real help for banks. ¬†Seems more like a marketing piece than a white paper. Here's some actual help for banks. There are three main exposures banks face in … [Read more...]