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Loan Modification

: Mortgage Lender Implode-o-Meter

Fed damps hopes on mortgage-backed securities

By Implode-Explode Heavy Industries

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" Hopes that the Fed would in the coming months start providing financing to investors seeking to buy residential mortgage-backed securities (RMBS) ? many of which have lost their triple A credit ratings ? have pushed prices on these assets higher in recent months."

Full post as published by Mortgage Lender Implode-o-Meter on June 05, 2009 (boomark / email).

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