Securitization
Latest Posts
A Tale of Two Loan Modifications, As Investors Sue Countrywide
Dec 02, 2008A predatory-lending settlement that will see Countrywide modify as many as 400,000 loans, reducing payments due on mortgages it services by as much as $8.4 billion, has led a group of investors to sue Bank of America Corp. [stock BAC][/stock] and Countrywide. In a complaint filed Monday morning by the New York-based law firm of Grais & Ellsworth LLP, investors say the language in their contracts require the Calabasas, Calif.-based servicer to purchase all modified loans out of affected securitization trusts.
-
One Voice Less
Dec 01, 2008 -
“High-Touch” Special Servicing Moves into CRE Markets
Nov 21, 2008 -
Top UBS Bond Analyst Moves On
Nov 20, 2008 -
ASF: Buy Loans Out of Securitization Trusts
Nov 14, 2008 -
Kashkari: Healthy Banks Will Play Key Role in Market Stabilization
Nov 14, 2008 -
Law Firm Ramps Up For Covered Bonds
Nov 06, 2008 -
Bernanke Pushes Covered Bonds as GSE Alternative
Nov 03, 2008 -
Hedge Funds Chafing at Mortgage Bailout
Oct 24, 2008 -
Bair: 3,500 Mortgages Modified at IndyMac Under FDIC Program
Oct 23, 2008
