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Loan Modification

: Mortgage Lender Implode-o-Meter

State CalPERS payment up $262 million

By Implode-Explode Heavy Industries

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"After the stock market crashed last fall, actuaries thought there might be a small drop in the state?s annual pension payment to CalPERS because of a one-year lag in the way rates are calculated. No such luck."

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2009 (boomark / email).

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