Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

HUD says $15.8bn sale of faulty loans will prevent foreclosures

Notify me of new replies via email
Mortgage Professional America | 02 Sep 2014, 08:00 AM Agree 0
The Department of Housing and Urban Development’s sales of $15.8 billion in nonperforming mortgages will help stop foreclosures for about 6,400 homeowners
  • joe Heisler | | 09 Sep 2014, 07:34 AM Agree 0
    I would like to know how much these mortgages were discounted and who the buyers are. Probably another behind the scenes gift to some of the same players who caused the problem in the 1st place, got a bailout, or both.
Post a reply