Saturday 21 January 2017

Banks' current health a mystery

Published 15/11/2010 | 05:00

AM I wrong in concluding that our banks, despite recapitalisation, still have a deep if little-mentioned funding crisis?

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Many suggestions have been put forward as to how to help mortgage holders struggling to make repayments beyond their current income ability.

The term "mortgage forgiveness" is being bandied about, emotively suggesting writing off some of the loan for good.

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