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Mortgage mess gets messier


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#1 MaryAM

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Posted 18 March 2011 - 03:19 PM

http://www.cnbc.com/...00011431&play=1

Say the houses are the responsibility of the "investors". Except the same mortgage may have been sold more than once. This is a decade long nightmare before its all worked out.
Mary Anne

#2 MaryAM

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Posted 18 March 2011 - 07:50 PM

http://www.cnbc.com/...00011431&play=1

Say the houses are the responsibility of the "investors". Except the same mortgage may have been sold more than once. This is a decade long nightmare before its all worked out.
Mary Anne

This article is from last fall - but I just read it and thought it worth posting.
http://seekingalpha....nal-catastrophe
Mary Anne