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Loan Modification

: Mortgage Lender Implode-o-Meter

Fed Closes Door on Legacy CMBS Program

By Implode-Explode Heavy Industries

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"The Federal Reserve Bank of New York settled $857m in commercial mortgage-backed securities (CMBS) in its last round of loan requests under the Term Asset-Backed Securities Loan Facility (TALF)."

Full post as published by Mortgage Lender Implode-o-Meter on March 31, 2010 (boomark / email).

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