Monday, March 28, 2016

Flashback? New AAA #mortgage bond features pre-crisis subprime, Alt-A #mortgages

Before everyone goes thinking that this new #mortgage bond is a harbinger of the housing crisis redux, nearly three-quarters of the loans in the deal have never been modified, while nearly all of the remaining loans were previously modified and are current. http://www.housingwire.com/articles/36618-flashback-new-aaa-mortgage-bond-features-pre-crisis-subprime-alt-a-mortgages ❤️ #share #mortgage



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