Impac Advancing Mortgage Rescue Plan Aimed at Resuscitating Non-Agency MBS
November 26, 2008
While there has been no shortage of plans to help resolve the mortgage crisis, few, if any, of these initiatives are targeted at perhaps the biggest problem confronting policy makers and the mortgage industry: namely, the fact that the lion’s share of troubled mortgages reside in non-agency MBS. But one non-agency MBS issuer, a company that helped pioneer the once booming Alt A...