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Real Estate & Property Law

: Housing Wire

Fund Managers Jostle for Toxic Assets

By DIANA GOLOBAY

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Fund managers submitted more than 100 applications to the Treasury Department to participate in the so-called ‘legacy securities’ side of the Public-Private Investment Program (PPIP), which aims to attract private capital in the hopes of encouraging lending. A separate government plan in the works, however, might attract investors previously turned off by the shared equity [...]

Full post as published by Housing Wire on April 30, 2009 (boomark / email).

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