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Loan Modification

: Mortgage Lender Implode-o-Meter

Coventree assets in a flux

By Implode-Explode Heavy Industries

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"Coventree Inc., the company at the centre of Canada's collapsed asset- backed commercial paper market, was constantly changing the assets in the trusts it managed, making it impossible to keep investors informed about what they were exposed to, said a lawyer for Coventree."

Full post as published by Mortgage Lender Implode-o-Meter on May 15, 2010 (boomark / email).

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