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Real Estate & Property Law

: Housing Wire

Short Sales Mitigate First-Lien Severities, BarCap Says

By DIANA GOLOBAY

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Short sales may be partially responsible for the falling of first-lien severities in most non-agency sectors, according to securitization research Friday by Barclays Capital (BarCap). Mark-to-market loan-to-value shifts and the rising share of short sales in recent liquidations can mostly explain the severity declines. But the trend is unlikely to keep up, as BarCap researchers project loss [...]

Full post as published by Housing Wire on December 04, 2009 (boomark / email).

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