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Loan Modification

: Mortgage Lender Implode-o-Meter

Wall Street Calls Obama's Mortgage-Market Debt Plan a Burden

By Implode-Explode Heavy Industries

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" The Obama administration?s plan to shore up the market for mortgage bonds by forcing banks to keep some on their books faces resistance on Wall Street, as bankers call the measure burdensome and a hindrance to new lending."

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2009 (boomark / email).

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