Irishtimes.com: BoI agrees mortgage write-down

A Bank of Ireland customer has secured a settlement on mortgage debt allowing her to repay the bank €18000 — at a rate of €250 a month for six years — to settle an outstanding debt of €170000. Laura White, a 35-year-old nurse from Dublin, agreed a deal with the bank on Monday,…

Mortgage Pools – Jump In, the Water’s Fine

I often get questions from potential investors about the basic functions of a mortgage fund (aka a mortgage pool). Therefore, I’ve decided to write about mortgage pools in general to clear up any misconceptions. Mortgage pools are securities that are required by state and federal agencies to provide complete and full disclosure through an offering [...]