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Loan Modification

: Loan Modification & Home Loan News

Uncle Sam Reels Foreigners Back to the U.S. Mortgage Market

By Moe Bedard

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“Foreign investors are really one of the major reasons that there hasn’t been a problem since the Fed stepped away,” said Scott Wede, managing director and head of pass-through, CMO and ARM trading at Barclays Capital. U.S. government backing has given new cache to ‘AAA’ U.S. agency mortgage-related securities that were sold off by overseas accounts [...]

Full post as published by Loan Modification & Home Loan News on May 06, 2010 (boomark / email).

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