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Loan Modification

: Mortgage Lender Implode-o-Meter

Rep. Garrett Introduces Long-Awaited Covered Bond Act

By Implode-Explode Heavy Industries

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" The mortgage-finance alternative to securitizations, covered bonds, came one step closer to larger acceptance in the US secondary markets with the introduction of the highly-anticipated United States Covered Bond Act by Rep. Scott Garrett (R-NJ)."

Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).

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