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Loan Modification

: Loan Modification & Home Loan News

A Defense of the Electronic Mortgage System

By Moe Bedard

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The American Securitization Forum, a trade group that lobbies for the industry that managed to convert subprime mortgages into a financial crisis, released a report on Tuesday defending how those home loans were made into bonds and more explosive financial instruments. The forum says that laws governing the transfer and assignment of mortgages from one [...]

Full post as published by Loan Modification & Home Loan News on November 16, 2010 (boomark / email).

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