1 Articles match "America","May","Recourse"

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How Much for Those Lender Assets in the Window?
The recourse on this loan will be limited to the assets of the purchaser. In September Merrill was bought by the Bank of America for $29 a share . What they show is that investors today, including Uncle Sam, should be able to value mortgage paper with some clarity.” The catch, said Saccacio, is that loan portfolios likely differ so much that generalizations may not work. “Every would-be buyer of mortgage-related securities will have to review portfolios with enormous care. How Much for Those Lender Assets in the Window? By Peter G. Miller 
www.realtytrac.com - Tuesday, February 3, 2009
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  • How Much for Those Lender Assets in the Window?
    The recourse on this loan will be limited to the assets of the purchaser. In September Merrill was bought by the Bank of America for $29 a share . What they show is that investors today, including Uncle Sam, should be able to value mortgage paper with some clarity.” The catch, said Saccacio, is that loan portfolios likely differ so much that generalizations may not work. “Every would-be buyer of mortgage-related securities will have to review portfolios with enormous care. How Much for Those Lender Assets in the Window? By Peter G. Miller 
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE