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: Loan Modification & Home Loan News

Credit Default Swaps Could Impact Homeowners Says Florida Homestead Law Group

By Moe Bedard

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(Source: MARKETWIRE) - Credit default swaps (CDS) are similar to insurance contracts in that they promise to cover losses on certain securities in the event of default. While CDSs are supposed to give homeowners a feeling of protection in return for their premiums, they often do not. This can ultimately affect a homeowner’s ability to [...] read more

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Full post as published by Loan Modification & Home Loan News on March 24, 2011 (boomark / email).

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