Foreclosure in Brooklyn Heights : Real Estate Advice

change location

cancel or


Ron Lee,  in Portland, OR
Ron Lee answered:
When a subprime mortgage packaged into a CDO goes into default, who gets the proceeds from foreclosure?
A CDO is a Collateralized Debt Obligation so whoever holds that investment unless it was insured in such a case the insurer.
0 votes Share Flag Fri Aug 23, 2013 Foreclosure in Brooklyn Heights
Search Advice


Email me when…

Learn more

Home > New York > Kings County > Brooklyn > Brooklyn Heights > Foreclosure in Brooklyn Heights
Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer