2008-07-31forbes.com

"Dozens of hedge funds, private equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans and foreclosed properties around the country. They hope to profit from the woes of banks and other investors holding mortgages that have plummeted in value as home values sink and defaults soar."


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread