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Loan Modification

: Mortgage Lender Implode-o-Meter

It Came from the Q: SEC?s Zombie Asset Nightmare

By Implode-Explode Heavy Industries

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" So let me propose a fevered scenario linking the two stories. I think the SEC has concluded that the system just can't stand the shock of rules 166 and 167 this year. So they have determined to sacrifice their own child, FASB, on the alter of international co-operation, hoping that QSPE reform gets lost in the resulting bureaucratic chaos."

Full post as published by Mortgage Lender Implode-o-Meter on February 25, 2010 (boomark / email).

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