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Loan Modification

: Loan Modification & Home Loan News

Tranche Warfare

By Moe Bedard

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FOX Business has obtained a letter issued on behalf of major bondholders to Countrywide Home Loans Servicing and Bank of New York (BK: 25.98 ,+0.04 ,+0.15%) that sets the stage for a very nasty court fight over $16.5 billion worth of allegedly rotten and fraudulent mortgage-bonds now owned by the New York Federal Reserve, Freddie [...]

Full post as published by Loan Modification & Home Loan News on October 20, 2010 (boomark / email).

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