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Loan Modification

: Mortgage Lender Implode-o-Meter

The Homeowners Whose Loss Was Paulson?s $1 Billion in Gain

By Implode-Explode Heavy Industries

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"Finding these homeowners could not have been an easy process. The Journal looked through the Abacus pitchbook and found the 90 bonds that were in the portfolio. Then it matched them with ?court records, foreclosure listings, title records, and loan servicing reports? to find the 500,000 mortgages that ultimately, hedge fund manager John Paulson bet against."

Full post as published by Mortgage Lender Implode-o-Meter on April 23, 2010 (boomark / email).

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