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Treasury plan targets troubled MBS mountain

The Treasury Department's latest plan to stabilize the financial system is partly targeting a formidable mountain of troubled mortgage-securities from the real-estate boom earlier this decade.

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Created by tonyarko 1 year 18 weeks ago – Made popular 1 year 18 weeks ago
Category: Lending   Tags:
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S&P May Downgrade $140 Billion in Prime Jumbos

Standard & Poor's said on Thursday it may downgrade 3,279 prime tranches of jumbo residential mortgage-backed deals with a market value of around $140 billion.

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Created by tonyarko 1 year 22 weeks ago – Made popular 1 year 22 weeks ago
Category: News   Tags:
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