Need To Sell House Fast » Assets

Banks Shop Mortgage Assets

admin — Fri, 05 Nov 2010 21:25:10 +0000

Banks Shop Mortgage Assets
As the mortgage industry changes and the credit markets open up, banks are likely to divest more mortgage assets, says Cantor Fitzgerald’s Jason Kopcak.

Hartford Sells Mortgage Assets as Market Advances, McGee Says

admin — Fri, 14 May 2010 21:28:25 +0000

Hartford Sells Mortgage Assets as Market Advances, McGee Says
May 10 (Bloomberg) — Hartford Financial Services Group Inc. , the insurer that repaid a $3.4 billion U.S. bailout in March, is “opportunistically” selling some commercial mortgage assets as the market improves, said Chief Executive Officer Liam McGee .

Toxic Assets Market Awaits Rebound

admin — Fri, 19 Mar 2010 21:31:01 +0000

Toxic Assets Market Awaits Rebound
During the peak of the housing market, the value of the mortgages that got stuffed into those complicated mortgage bonds known as toxic assets was more than $3 trillion. But now the market has stalled, in part because many sellers are waiting for the economy to improve.