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Loan Modification

: Loan Modification & Home Loan News

Mortgage Investors Are Set for More Pain

By Moe Bedard

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For mortgage investors, the recent suspension of foreclosures could potentially cause further losses in the already-battered $2.8 trillion market for residential mortgage-backed securities. In the past two weeks, three major loan-servicing companies put thousands of foreclosure sales and evictions on hold in the 23 U.S. states where foreclosures are handled by the courts. On Tuesday, [...]

Full post as published by Loan Modification & Home Loan News on October 07, 2010 (boomark / email).

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