Aired Oct. 18, 2010 -- Bloomberg -- Christopher Whalen. Very, very good clip. MBS investors might just own
unsecured paper, contrary to what they were told by the trusts. And in
most cases they have no recourse.
U.S. home foreclosures jumped in the third quarter and banks' efforts to keep borrowers in their homes dropped as the housing market continues to struggle, U.S. bank regulators said on Wednesday..
Comments
Forced mortgage repurchase.
Aired Oct. 18, 2010 -- Bloomberg -- Christopher Whalen. Very, very good clip. MBS investors might just ownunsecured paper, contrary to what they were told by the trusts. And in
most cases they have no recourse.
WASHINGTON |Wed Dec 29, 2010 4:44pm EST
http://www.reuters.com/article/idUSTRE6BS24420101229