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Loan Modification

: Loan Modification & Home Loan News

The Mortgage-Backed Securities Mess

By Moe Bedard

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Image via Wikipedia While much of the focus lately has been on problems with home foreclosures, the greater threat to financial firms like Bank of America is likely to come from potential liabilities related to billions of dollars of mortgage-backed securities. The Federal Reserve Bank of New York and others are trying to force banks [...]

Full post as published by Loan Modification & Home Loan News on October 22, 2010 (boomark / email).

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