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Loan Modification

: Mortgage Lender Implode-o-Meter

Fed Ends Bank Exemption Aimed at Boosting Mortgage Liquidity

By Implode-Explode Heavy Industries

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"The Federal Reserve Board removed an exemption it had given to six banks at the start of the crisis in 2007 aimed at boosting liquidity in financing markets for securities backed by mortgage- and asset-backed securities."

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

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