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Home » Store » News » Chances of Recovering Losses from Non-Agency MBS Through Legal Action Deemed Remote

Chances of Recovering Losses from Non-Agency MBS Through Legal Action Deemed Remote

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Investors in distressed non-agency MBS issued by Countrywide Financial and other companies may be out of luck, according to industry observers. Analysts at RBS Securities concluded that investors in Countrywide MBS face “insurmountable” difficulties regaining their money from the company. For starters...
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