Currently viewing the tag: "securitization"
Graphic – What a Securitized Mortgage Looks Like
August 24, 2009 by CULIK LAW
ProPublica.org has a great visual of what a securitized mortgage looks like. via The Path of a Bundled Mortgage.
Continue Reading →Why so few mortgage mods? (Economist)
July 9, 2009 by CULIK LAW
At the centre of most efforts to provide relief to struggling homeowners is an attempt to take on a single housing paradox: banks get a much better return on a mortgage modification than they would on a default, foreclosure, and sale, and yet banks renegotiate only a tiny share of seriously delinquent mortgages—only 3% or [...]
Continue Reading →Untitled Document "I cannot thank you enough for the stellar work you did on my Loan Modification. I tried it myself with no success. You were the expert I needed! You were friendly with me and relentless with the bank. You never lost patience nor spirit. You took it to every level necessary to win. AND WIN WE DID. The Modification you obtained cut over a thousand dollars from my monthly mortgage payment! I can keep my house!" Sincerely yours, Robert N.
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