Posts Tagged ‘credit tightening’

Bank of America: Lending Tight as Ever and Won’t Change Soon

Bank of America: Lending Tight as Ever and Won't Change Soon

What compelled me to write after reading the Origination News article was that it told a story that I've longed to read for a long time... finally, the mortgage industry was taking over my job these last six years, by... (Continue reading)

If WE owned a pool of loans… would WE allow principal reductions?

If WE owned a pool of loans… would WE allow principal reductions?

To really understand what happens when trying to determine the present and future value of a pool of loans within a mortgage-backed security, let's put ourselves in the place of the investors... we'll be investors together... and we'll want to... (Continue reading)