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Loan Modification

: Mortgage Lender Implode-o-Meter

Paulson eyes housing rebound, limits access to funds

By Implode-Explode Heavy Industries

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``The 54-year-old fund manager spent 1 hour and 20 minutes laying out arguments for why he expects the economy to rebound and detailing how he overhauled portfolios to make sure investors would benefit from the trend for years... Housing prices, he said, will likely grow 3 percent to 5 percent this year and increase by 8 percent to 12 percent next year. His optimistic outlook is not shared by everyone and Fannie Mae and Freddie Mac recently offered much more gloomy forecasts.''

Full post as published by Mortgage Lender Implode-o-Meter on May 11, 2010 (boomark / email).

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