Inventoryinfo icon841,547 10,608
30-yr Fixed Rate30-yr Fixedinfo icon6.59% 0.01%
10Y Treasuryinfo icon4.40% 0.01%
30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
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Broader Servicer Safety Net Needed: Desoer 

Apr 27, 2009By

President Barack Obama’s Making Home Affordable modification plan lacks critical servicer protection laws needed to reach the maximum 3m to 4m borrowers touted as potentially eligible, Bank of America’s Barbara Desoer tells Bloomberg. Lawmakers additionally must draft crucial legislation to shield servicers from lawsuit by holders of securitized bonds.

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