Why Subprime Mortgages Lend Themselves to Securitization

Categorized | STOP FORECLOSURE FRAUD

Why Subprime Mortgages Lend Themselves to Securitization

Why Subprime Mortgages Lend Themselves to Securitization

National Mortgage News-

There’s no shortage of banks making large mortgages to borrowers with pristine credit and plenty of liquid assets. Yet very few of these loans get bundled into collateral for mortgage bonds, putting them in the hands of capital markets investors.

Contrast this with loans to borrowers with shaky or damaged credit, which many lenders are reluctant to make, but which are far more likely to be securitized.

Overall, mortgage loan originations remained steady in the second quarter, with one- to four-family home originations up 4.5% from the prior quarter, according to the Mortgage Bankers Association.

[NATIONAL MORTGAGE NEWS]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



Comments

comments

This post was written by:

- who has written 8716 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

Contact the author

Leave a Reply

GARY DUBIN LAW OFFICES FORECLOSURE DEFENSE HAWAII and CALIFORNIA
Advertise your business on StopForeclosureFraud.com

Archives