Posted on November 3, 2009 at 3:30pm
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The information in this post is to bring note holders and investors up to date with the most recent revisions and events within the secondary mortgage market:
The current secondary market for note purchase funding has changed dramatically in the past 18 months. There are far fewer institutional buyers and those remaining do not buy at the old sub-prime discounts and yields.
Higher payor credit, better collateral and property…
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