Monthly Archives: June 2007

06/18/2007 FAQ #7: How can the government agencies or government sponsored enterprises get involved actively to help curb the negative effects to our economy by the mortgage default and foreclosure problems?

The reason why a government-led effort is urgently necessary is due to the disconnect of the credit risk holders and the original mortgage lenders/servicers as a result of the mortgage securitization process. With the excuse of maximizing their shareholders’ value, … Continue reading

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