FDIC Starts Peddling MBS Backed by Performing Loans

Posted by mortgagebroker in Mortgages, ... | 07.09.2010 - 5:44 pm

The Federal Deposit Insurance Corp. hopes to sell a mortgage-backed security collateralized by at least $500 million of performing residential whole loans by the end of this month through a private placement deal, investment banking sources told National Mortgage News.


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