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Home » Store » Taxable » Repos Continue to Plague Manufactured Housing Lenders and Securities Market

Repos Continue to Plague Manufactured Housing Lenders and Securities Market

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The practice of lending to finance the purchase of repossessed manufactured housing units may be subjecting securitizers to higher losses, new research from Credit Suisse First Boston suggests. Meanwhile, the outlook for the sector remains bleak. “Given the increase in repo-refis over the past two years, there has been much concern raised over [their] expected performance. The bad news is that they perform much worse,
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