2013-02-26 —

``US banks are marketing mortgage bonds with new features that shield them from having to buy back defective loans, potentially raising risks for investors." For example, some new private-label MBS deals limit the period in which the loans can be put back to 18 to 24 months, a tighter window than the 36 months in the new Fannie and Freddie guidelines.''

go to full article | permalink to this | forum thread | | RSS | Subscribe by email!

Comments: Be the first to add a comment

add a comment | go to forum thread