Refinance Home Mortgage Home Equity Loan State Street may face $8bn ABS claim - Financial News (subscription) by Mortage

Mon, 16 Jun 2008 07:00:07 -0600

Refinance Home Mortgage Home Equity Loan State Street may face $8bn ABS claim - Financial News (subscription)

by Mortage @ Mon, 16 Jun 2008 07:00:07 -0600

State Street may face $8bn ABS claimFinancial News (subscription) -May 8, 2008The company's maximum exposure is equal to the entire, $7.8bn decline suffered by its portfolios as a result of the collapse of sub-prime mortage-related ... Borrowers can stay involved with their mortgage dealings by applying for a mortgage online. With traditional mortgages, lenders may not give out enough information, leaving the borrower practically in the dark throughout the whole process.


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