Arch Bay Tests Use of Borrower Rewards

An industry hedge fund that selectively trades distressed mortgage assets is testing the use of borrower rewards for timely payment, with the aim of driving better performance, refinancing or modifications.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_493/arch-bay-tests-use-of-borrower-rewards-1027801-1.html

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