Foreclosures Raise New Concerns About Banks, Panel Says
For more: http://nyti.ms/bbSLto
In the worst case, the banks will choke on the volume of bad loans they could be forced to reabsorb, leading to another financial crisis, the panel said. But the panel, which was set up after the financial crisis two years ago, also allowed for the possibility that concerns over paperwork irregularities will prove overblown and the crisis will recede.