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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae Was Felled by Flawed Business Model, Regulators Say

By Implode-Explode Heavy Industries

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" Fannie Mae, the government-backed mortgage company under conservatorship, was toppled by conflict between its mission to foster homeownership and profit demand it faced as a publicly traded company, former regulators said."

Full post as published by Mortgage Lender Implode-o-Meter on April 09, 2010 (boomark / email).

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