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Real Estate & Property Law
: Housing WireRegulators Reveal PPIP
By DIANA GOLOBAY
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[Update 1 includes details on the FDIC's legacy loans arm of the PPIP]
The US Treasury Department officially unveiled the Public-Private Investment Program (PPIP), on Wednesday releasing long-awaited details on the program.
The PPIP is divided in two major programs — the securities branch and the loan branch — which together aim to clear mortgage-related securities and [...]Full post as published by Housing Wire on July 08, 2009 (boomark / email).
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