TITLE

At BankUnited, Worst May Be to Come

AUTHOR(S)
Fajt, Marissa
PUB. DATE
August 2008
SOURCE
American Banker;8/15/2008, Vol. 173 Issue 158, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses BankUnited Financial Corp., focusing on the bank's efforts to raise the capital it needs to survive the losses accrued against its single-family mortgage portfolio. Even more losses are expected in August 2008, the article states, when the bank resets its adjustable-rate mortgages (ARM's).
ACCESSION #
33944721

 

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