Bank Charges May Surge as Mortgages Marked to Market (Elliot Blair Smith/Bloomberg)
Elliot Blair Smith / Bloomberg: Bank Charges May Surge as Mortgages Marked to Market — Patricia Greenberg’s townhouse in Irvine, California, was losing about $10,000 a month in value when she received a letter in February 2008 that looked too good to be true: An investor was offering to …