mortgage securities

CDO Creators Seek Redemption, and Profits, From Mortgage Market - Bloomberg

July 2 (Bloomberg) -- Money managers including TCW Group Inc. and Harding Advisory LLC that topped the list of firms behind the most toxic mortgage securities have raised more than $4.3 billion to invest in home-loan debt. At least half of the 20 top ...

Lenders Face Still More Misery

BusinessWeek - At many banks, bad loans are piling up faster than the amount of money they're setting aside to cover them. Meanwhile, housing lenders booked income on vulnerable exotic loans and mortgage securities before they collected the money—paper gains that ...

Syndicate content
sfy39587f02