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Loan Modification

: Mortgage Lender Implode-o-Meter

Lehman expected CDO market to worsen

By Implode-Explode Heavy Industries

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"The local arm of collapsed US investment bank Lehman Brothers expected the market for complex investments linked to mortgages and corporate debt to deteriorate before the onset of the subprime crisis in the US housing market, according to Lehman's internal documents."

Full post as published by Mortgage Lender Implode-o-Meter on March 22, 2011 (boomark / email).

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