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Loan Modification

: Mortgage Lender Implode-o-Meter

More GSE Reform Proposals Offered. Reduced Loan Limits Inevitable

By Implode-Explode Heavy Industries

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"The House Capital Markets Subcommittee held a hearing on Wednesday on reforming Fannie Mae and Freddie Mac. Testimony came from representatives of three conservative "think tanks" and a single progressive one. The first three speakers presented outlines for reform that had the common theme of privatization and many similar specifics. The fourth advocated for continued government involvement and devoted much of her testimony to contradicting premises of her fellow panelists."

Full post as published by Mortgage Lender Implode-o-Meter on February 10, 2011 (boomark / email).

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