Now that Treasury is once again considering buying troubled mortgages (and placing them in a government controlled "bad bank)some 'scratch and dent' investors are wondering whether such a move will deter banks, thrifts, and investment banking firms from selling their non-performing and sub-performing portfolios. When the TARP plan was first being put together this fall some sellers put their auctions on-hold waiting to see what price the Treasury would establish for non-performing product...
Processing Content
