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Author Message
Topic: Mandatory Pool Insurance
BarryM

Replies: 1
Views: 21683

PostForum: Mortgage Lender Implode-O-Meter   Posted: Fri May 04, 2012 2:37 pm   Subject: Re: Mandatory Pool Insurance
The pool insurance I spoke of was specific to pools of loans and individual loans that were sold into the secondary market prior to being issued in mortgage backed securities. Somehow and sometime sin ...
Topic: Mandatory Pool Insurance
BarryM

Replies: 1
Views: 21683

PostForum: Mortgage Lender Implode-O-Meter   Posted: Fri Feb 24, 2012 12:05 am   Subject: Mandatory Pool Insurance
Does anyone know how and when pool insurance stopped being required on loans being sold into the marketplace? It was mandatory that all loans that were securitized had to be insured with at least a AA ...
Topic: Discussion on Western Residential Mortgage
BarryM

Replies: 2
Views: 9951

PostForum: Company Discussion   Posted: Thu Feb 23, 2012 11:58 pm   Subject: Re: Discussion on Western Residential Mortgage
Western Residential sounds too much like Residential Mortgage Corporation, the wholesaler that got taken over by FNMA in the 80's for selling buyback loans from FHLMC. Cities, states and losing wareho ...
 

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