We are primarily focused on investing in distressed mortgage loans available for acquisition from financial institutions and engaging in correspondent lending. (pennymacmortgageinvestmenttrust.com)
We need serious loan modification for underwater and distressed mortgages on primary residences. (jaredbernsteinblog.com)
The question remains as to what the timing will be and how swiftly banks will be required to act to get distressed mortgages off of their balance sheets. (nreionline.com)