To mark it to market: Part 2, blockages
[Continued from yesterday's Part 1.]
Yesterday I chided the New York Times for suggesting that the evil financial technology of ’securitization’ was responsible for the inability of Ms. Brimmage to stay in her home.
Securitization works better with rubber gloves
As they try to restructure their loans, they are often thwarted, lawyers say, by strict protections put [...]
