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Loan Modification

: Mortgage Lender Implode-o-Meter

MBA Urges Flexbility in Interpretation of Risk Retention Regs. What Counts as Qualified?

By Implode-Explode Heavy Industries

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"In a letter sent to most of the financial and regulatory players in the Obama Administration, the Mortgage Bankers Association (MBA) called mortgage underwriting "an art and not a science" and urged flexibility in setting mortgage regulations under the Dodd-Frank Wall Street Reform and Consumer Protection Act (DFA)."

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

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