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Loan Modification

: Loan Modification & Home Loan News

Mortgage Securities Show U.S. Foreclosure Crisis Overblown: Credit Markets

By Moe Bedard

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The mortgage-bond market shows investors are shrugging off speculation the U.S. is in the throes of a foreclosure-document crisis. Bonds tied to home loans on which borrowers often failed to document their incomes or on properties they didn?t plan to live in were up 1 cent at 64 cents on the dollar at the end [...]

Full post as published by Loan Modification & Home Loan News on October 19, 2010 (boomark / email).

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