Securitization Group Expands Guidelines For Fast-Track Loan Modifications
July 10, 2008
Mortgage lenders that are servicing non-agency mortgage-backed securities may push to do more loan modifications as a result of expanded guidelines released this week by the American Securitization Forum, an industry group representing investors, issuers and other participants in the MBS market. With prodding from the Bush administration, the ASF late last year announced...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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