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Loan Modification

: Mortgage Lender Implode-o-Meter

Investor Syndicate At Hundreds of Billions And Growing

By Implode-Explode Heavy Industries

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"Heard on this Street this week: the super-secret Syndicate of MBS Investors discussed previously is gaining momentum. A confidential source has informed me that some of the largest institutional investors in mortgage-backed securities have now joined the group, bringing the amount under management to "hundreds of billions of dollars in MBS investments." The source further informed me that this number is expected to swell to a "jaw-dropping dollar figure.""

Full post as published by Mortgage Lender Implode-o-Meter on October 17, 2010 (boomark / email).

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