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Article: Buyer Beware: Risks And Considerations In Purchasing Residential Mortgage Loans.
- Article from:
- Mondaq Business Briefing
- Article date:
- March 4, 2009
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In-Depth Analysis
Buyer Beware: Risks And Considerations In Purchasing Residential Mortgage Loans
IN-DEPTH ANALYSIS Buyer Beware: Risks And Considerations In Purchasing Residential Mortgage Loans The residential mortgage loan market has suffered unprecedented turmoil as a result of the economic downturn. The level of delinquencies and foreclosures has risen sharply, but has yet to hit the high-water mark. The wave of subperforming and nonperforming residential mortgage loans has put many banks and mortgage companies out of business, with more on the brink of failure. It's unclear what the effect of the Obama Administration's recently announced plan ...
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Article: PNC to dispose of $2 billion of residential ...
Philadelphia Inquirer (Philadelphia, PA);
September 28, 2006 ;
681 words
... ... of about $2 billion of residential mortgage loans. In a Securities and Exchange ... available. The loss on the mortgage loans represents the decline in ... replace the loans with other residential mortgage loans, in an effort to raise ...
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