Foreclosure Moratoriums Bring Lots of Uncertainty To MBS Investors, Huge Loss Potential for Servicers
October 15, 2010
The burgeoning foreclosure debacle and resultant moratoriums and delays in processing failed residential mortgages are bad news for MBS investors and servicers, and they could combine to be just the kind of “perfect storm” the market really doesn’t need right now. “Class action lawsuits, contested...