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Loan Modification

: Loan Modification & Home Loan News

Why Wall Street Buzzards Won?t Halt Foreclosure Crisis

By Moe Bedard

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Anyone else amused to see the WSJ smooching BSD Lewis Ranieri for helping homeowners avoid foreclosure? I?m sorry, I thought this was the guy who invented mortgage-backed securities, which made it easy for banks to dice up loans and sell them to investors. Which, after the housing bust, made it hard for banks to modify [...]

Full post as published by Loan Modification & Home Loan News on August 19, 2010 (boomark / email).

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