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Loan Modification

: Loan Modification & Home Loan News

Mortgage-market overhaul proposed / Obama offers options for reduced government role

By Moe Bedard

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(Source: Richmond Times – Dispatch) – The Obama administration laid out three broad options Friday for reducing the government’s role in the mortgage market. All three would almost certainly lead to higher interest rates and costs for borrowers. The administration said in a report that the government should withdraw its support for the mortgage market [...]

Full post as published by Loan Modification & Home Loan News on February 15, 2011 (boomark / email).

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