What is a mortgage securitization audit? First things first, what is a mortgage securitization? This topic is vast and it opens up the world of Wall Street, the mortgage industry, the real estate boom, foreclosures and an investment product that you may or may not have heard of by the name of REMIC’s. It gets […]
Exploring the current foreclosure crisis One of the major issues that will be in the spotlight moving forward will be the foreclosure of mortgages that were bundled and sold as REMIC’s, mortgage backed securities (MBS), and collateralized mortgage obligations (CMO’s). It is likely that for many of these mortgages that were sold and then resold, […]
The Hallmark Abstract Sentinel, after an extended hiatus, is back with a vengeance! Hallmark Abstract will now be providing updates and insights to the mortgage and title industry on a regular basis going forward. In the current climate that includes questions surrounding foreclosures and terms that were once foreign to most including MERS, REMIC’s, robo-signing […]
