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Loan Modification

: Mortgage Lender Implode-o-Meter

JPMorgan to Sell $716.3 Million of Mortgage Bonds

By Implode-Explode Heavy Industries

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"Sales of commercial-mortgage backed securities halted in 2008 as credit markets froze, choking off funding to property borrowers. Even with government aid, only $3.04 billion of the debt was issued last year, compared with $11.2 billion in 2008 and a record $232.4 billion in 2007, according to data compiled by Bloomberg."

Full post as published by Mortgage Lender Implode-o-Meter on June 07, 2010 (boomark / email).

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