Municipalities are increasingly holding mortgage securitization trusts liable for the upkeep of properties, which could affect investors' cashflows, according to a new report from Moody's Investors Service.

A Moody's spokesman told ASR sister publication National Mortgage News that its analysts, who based their findings on anecdotal conversations with servicers, are finding that municipalities large and small are asking more from servicers when it comes to these properties, even before they are in foreclosure.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.