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Loan Modification

: Mortgage Lender Implode-o-Meter

Link between mortgages and Wall Street securities rewarded risky loans, panel told

By Implode-Explode Heavy Industries

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"In a written statement, an expert on predatory lending tells a federal commission examining the financial crisis that the process rewarded investment houses creating the riskiest loan pool."

Full post as published by Mortgage Lender Implode-o-Meter on September 23, 2010 (boomark / email).

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