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Loan Modification

: Mortgage Lender Implode-o-Meter

MBIA Settles $19 Billion in CDO and Mortgage-Debt Guarantees

By Implode-Explode Heavy Industries

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"MBIA Inc., the company that backed some of Wall Street?s most toxic debt securities, settled $19 billion in guarantees with five financial institutions since September, resolving the obligations with a one-time payment."

Full post as published by Mortgage Lender Implode-o-Meter on March 02, 2011 (boomark / email).

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