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Loan Modification

: Mortgage Lender Implode-o-Meter

Subprime Losses Don?t Warrant Lawsuits, XL CEO Says

By Implode-Explode Heavy Industries

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" Investors have little chance of extracting damage awards from executives and board members at firms that lost money betting on subprime mortgages, said the chief executive officer of XL Capital Ltd., which insures directors and officers against legal claims."

Full post as published by Mortgage Lender Implode-o-Meter on December 09, 2009 (boomark / email).

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