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Losses on Bank-Serviced Subprime Loans Higher than Those Serviced by Non-Banks

By Brian Honea

Loss severities on loans serviced by banks were reported to be more than 10 percent higher than loss severities on non-bank serviced loans in those three states, which accounted for 42 percent of all subprime loans in foreclosure in private-label residential mortgage-backed securities.

The post Losses on Bank-Serviced Subprime Loans Higher than Those Serviced by Non-Banks appeared first on DSNews.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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