Bonds backed by mortgages regain allure

Filed under: AM Roundup |

Before the financial crisis, some companies profited from bonds backed with mortgages. After it, other companies profited from their fall-out.

Now, at least one company is back doing what it did before the recession: buying bonds backed by mortgages.

The New York Times is reporting that big money investors are expressing interest in the same mortgage-backed securities that nearly washed away the financial system.

Read more at the New York Times.