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Loan Modification

: Mortgage Lender Implode-o-Meter

FHA Report: HECM Program Performing Better Than Previously Reported

By Implode-Explode Heavy Industries

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"Mortgages insured by the Federal Housing Administration have performed better than expected during the fiscal year, though the improvements could be overturned if home prices sink, according to a report the agency submitted to Congress."

Full post as published by Mortgage Lender Implode-o-Meter on August 20, 2010 (boomark / email).

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