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Re: mortgage portfolioWhat do you mean collapsed the mortgage structures? These deals were baked years ago and most of them sold off to other investors, NOVC only has claims on the excess interest and prepay penalties. They don't "own" the bonds, or the loans, or the properties, but just own these streams of cash flows. They're serviced independently. |
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Msg # | Subject | Author | Recs | Date Posted |
146522 | Re: mortgage portfolio | fkabluejayb | 0 | 1/19/2018 4:01:11 PM |
146525 | Re: mortgage portfolio | batman10023 | 0 | 1/19/2018 4:42:20 PM |