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Loan Modification
: Mortgage Lender Implode-o-MeterFed?s TALF Winds Down With Most Loan Requests in Six Months
By Implode-Explode Heavy Industries
The Federal Reserve received the most loan requests in six months from investors for the final round of its program that unlocked the market for asset-backed securities.
About $4.1 billion in lending was sought, including $1.8 billion for financing of student-loan securities, the New York Fed said yesterday on its Web site. In total, about $7.1 billion of sales this week were of securities that included eligible classes,
Full post as published by Mortgage Lender Implode-o-Meter on March 05, 2010 (boomark / email).
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