Posts Tagged ‘distressed RMBS’

Discussing Foreclosure Crisis Solutions with Impac Mortgage CEO Joe Tomkinson

Written on 10 Jun, 2013 at 4:39

I think Impac has proven that it has the capability and desire to be a meaningful part of the solution to the foreclosure crisis... they successfully modified tens of thousands of loans, and in general, they got loans modified in... (Continue reading)

Credit Suisse Tells Bloomberg: “Mortgage Principal Cuts Don’t Help Homeowners?”

Written on 22 Jan, 2012 at 18:53

Reducing mortgage balances is a risky idea that hasn't been shown to keep borrowers who owe more than their property's worth in their homes, according to Credit Suisse Group AG. (CSGN). Suspending accounting rules is a risky idea that hasn't been... (Continue reading)

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