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Loan Modification

: Mortgage Lender Implode-o-Meter

The Legitimacy of Securitization: Behind the Headlines

By Implode-Explode Heavy Industries

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"The recent news coverage has returned many mortgage and MBS-related issues, both real and illusory, to prominence. The initial headlines that stemmed from the announcement of problems with GMAC's foreclosure filings have morphed into questions about the foreclosure process, the extent and potential cost of loan buyouts and the legal standing of the securitized mortgage market itself. This article addresses some of the issues currently roiling the financial markets."

Full post as published by Mortgage Lender Implode-o-Meter on October 30, 2010 (boomark / email).

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