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Loan Modification

: Mortgage Lender Implode-o-Meter

Pimco Seeks Profit From Australia Mortgage Debt as Europe Sells

By Implode-Explode Heavy Industries

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"Pacific Investment Management Co., which manages the world?s biggest bond fund, is buying Australian notes backed by home loans in the secondary market to profit from higher yields as European investors dump the bonds."

Full post as published by Mortgage Lender Implode-o-Meter on December 21, 2010 (boomark / email).

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