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Loan Modification

: Mortgage Lender Implode-o-Meter

SEC Investigating Deal Between JPMorgan and Hedge Fund Magnetar

By Implode-Explode Heavy Industries

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``The Securities and Exchange Commission is investigating whether JPMorgan Chase allowed a hedge fund to improperly select assets for a $1.1 billion deal backed by subprime mortgages, according to people familiar with the probe. ''

Full post as published by Mortgage Lender Implode-o-Meter on November 01, 2010 (boomark / email).

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