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Loan Modification

: Mortgage Lender Implode-o-Meter

HUD Secretary: Reforms will not substantially impact affordable housing

By Implode-Explode Heavy Industries

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"Raising the Federal Housing Administration's annual mortgage insurance premium 25 basis points will not have a dramatic impact on the affordability of homes in America, U.S. Department of Housing and Urban Development Secretary Shaun Donovan said Wednesday."

Full post as published by Mortgage Lender Implode-o-Meter on February 16, 2011 (boomark / email).

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