Foreclosure suspension might cause more losses in RMBS

10/6/2010 | Wall Street Journal, The

Three major mortgage-servicing firms recently suspended foreclosures and evictions. The move might cause more losses in the residential mortgage-backed securities market, according to The Wall Street Journal. Mortgage-bond investors have spent three years dealing with market issues, and the foreclosure halt is the latest disruption.

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Wall Street Journal, The

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