Date: October 30th, 2007

Compared to what? Part 2: Masters and specials

30 October, 2007 (09:13) | Lending, Markets, Subprime, Theory, US News | No comments

[Continued from yesterday’s Part 1.]  

Yesterday’s post introduced and teased Joseph R. Mason’s new article, Mortgage Loan Modification: Promises and Pitfalls, exploring how loans in the subprime mess can be successfully recapitalized — or not.  

Nothing to worry about
 
As I’ve posted six months ago, today’s lending business is intermediated — there are many intermediaries in the money […]