Another growing area is home loans to troubled borrowers.
US regulators are changing the way banks service the mortgages of financially troubled borrowers.
The board also moved toward issuing another standard, one that would require banks to take losses when they renegotiate loans with troubled borrowers.
They became less willing to transfer capital to the most troubled borrowers by the conventional means of foreign direct investment.
Charities provided legal support to troubled borrowers.
Bankers also welcome the program because it allows troubled borrowers to continue their relationship with a bank instead of the Government.
Lenders may voluntarily agree to adjust mortgage terms in order to help troubled borrowers continue to stay in their homes.
Countrywide's new workout department, for example, concentrated at first mainly on troubled borrowers in the Southwest.
The bankruptcy comes as Japanese banks, already ailing under their own bad loans, are moving to withdraw support from financially troubled affiliated borrowers.
Unlike other banks that have taken similar measures, Continental did not say how much it had already set aside for loans to troubled foreign borrowers.