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  • Reuters: Who's Buying Distressed Debt - And Why  [View article]
    BTW, how is Jeremy Grantham buying into this stuff?
    Aug 08 13:51 pm |Rating: 0 0 |Link to Comment
  • Reuters: Who's Buying Distressed Debt - And Why  [View article]
    If the individual mortgages can have a "due on sale" clause, preventing the homeowner from letting someone assume them,
    There should also be a clause giving the borrower the right to purchase the loan.
    Aug 08 13:50 pm |Rating: 0 0 |Link to Comment
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