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Loan Modification

: Mortgage Lender Implode-o-Meter

BIG-SHOT INVESTORS EYEING TOXIC DEBT

By Implode-Explode Heavy Industries

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" With the Treasury's efforts to sell banks' toxic loans in shambles, well-heeled investors like Pacific Investment Management Co. and bank billionaire Gerald J. Ford are mulling the creation of publicly traded entities to snap up the problem loans."

Full post as published by Mortgage Lender Implode-o-Meter on June 12, 2009 (boomark / email).

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