HELOCs, Second Liens Weigh on Borrower Debt As MBS Investors Look for More Transparency
November 13, 2009
Secondary market investors are clamoring for transparency and more complete data about the loans backing their pools, and vendors are stepping up to answer the call. At a recent industry conference in Miami, industry experts said investors who don’t use the new tools available will find themselves at a major disadvantage as the securitization market re-shapes itself. “The complexity of...