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Real Estate & Property Law

: The Home Equity Theft Reporter

Stall Foreclosures As Long As Possible, Say Junior Mortgage Bond Investors As Loan Servicers Keep Coughing Up The Cash, Absorbing Up The Pain

By r morris

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A recent story in The Wall Street Journal noted the effect the foreclosure suspensions in connection with the recent robosigner brouhaha may have on cash flow for the holders of junior mortgage bonds:While it is unclear whether the delays will have a deep impact on the market for bonds, the changes are already creating some unexpected outcomes, say investors.When houses that have been packaged

Full post as published by The Home Equity Theft Reporter on October 06, 2010 (boomark / email).

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