Sentences with phrase «remove toxic assets»
Even if the plan to remove toxic assets from bank balance sheets is successful (however «success» might be defined), the rate of foreclosure will be unaffected, because no change in the payment obligations of homeowners will result.
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An equal concern is that there is no link between removing «toxic assets» from bank balance sheets and avoiding large - scale home foreclosures and loan defaults.
Banks benefit from others investing in notes as well because they are able to remove assets that are considered «toxic» from their books.