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Loan Modification

: Mortgage Lender Implode-o-Meter

Angelo Mozilo Says SEC Admits Investors Knew Risks

By Implode-Explode Heavy Industries

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"Countrywide Financial Corp.?s former chief executive officer, Angelo Mozilo, said the U.S. Securities and Exchange Commission now admits the home lender wasn?t hiding from investors that it was originating risky mortgages."

Full post as published by Mortgage Lender Implode-o-Meter on August 04, 2010 (boomark / email).

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