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Fracking Boom Creates Mortgage Headaches for Banks
The natural gas extraction method of fracking has many critics—mostly among environmentalists. But banks in the Eastern U.S. have recently sprung up as opponents too.
Banks that lent mortgages to homeowners that then sell their property rights to energy companies find themselves in a tricky situation. In the video below, the editors of American Banker discuss how some banks are dealing with these issues.
Visit EcoWatch’s FRACKING page for more related news on this topic.
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Single Dose of 'Magic Mushrooms' Provides Long-Term Anxiety Relief for Cancer Patients, Study Suggests
Joe Biden put his hand on the chest of an Iowa voter and told the man to vote for someone else when the voter asked the former vice president about his plans to replace gas pipelines, The Independent reported.
Jamini Mohan Mahanty is out for a morning walk every day. At 91, he is hale and hearty. A resident of Jharbagda village in Purulia district, West Bengal, Mahanty thanks the "green mountain" in his village for having added some extra years to his life.