FLTA - FHA/VA Bonds may be Downgraded -- Because of Foreclosure Timelines

Translate this page:

HOME
FOUNDATION
About FLTA
Membership INFO
Education
Cyber Security
- Best Practices
- Cyber Security Tips
Events
- 2023 FLTA Convention
- Calendar
Industry News
Career Center

FHA/VA Bonds may be Downgraded -- Because of Foreclosure Timelines

08/18/2011 11:47 AM | Anonymous

Bonds backed by the Federal Housing Administrationand Veterans Affairs loans are beginning to show a few cracks, prompting Moody's Investors Service to place $3.5 billion of residential mortgage-backed securities issued through 39 transactions on watch for a possible downgrade.