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Loan Modification

: Mortgage Lender Implode-o-Meter

U.S. House Negotiators Debate Risk Retention Plan for Mortgages

By Implode-Explode Heavy Industries

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"House negotiators are considering changes to a financial-overhaul proposal that would force mortgage firms to retain a 5 percent stake in loans they sell to investors, a step aimed at reining in risky lending practices."

Full post as published by Mortgage Lender Implode-o-Meter on June 23, 2010 (boomark / email).

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