Posted To: Pipeline Press
Supply and demand ("the invisible hand") are the driver of many things in life, as are perceived shortages. So it was with great concern that Chris C. and Joe W. sent this breaking news from Kansas City about… the bacon reserve hitting a 50-year low !? Like Beyoncé announcing she's having twins, or oil where the government has strategic reserves to be released, there must be ways to increase supply. In potentially favorable news for lenders , in Minnesota State Court defendants won a partial Summary Judgment (no loan-level damages on a repurchase claim) over RFC. Phil Stein wrote to say, "Rob, this is from the high-stakes RFC/ResCap Liquidating Trust cases in Minnesota. The order and opinion (published Feb 1., Court File No. 27-CV-14-3111) granting partial summary...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2l0hOdi
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