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Loan Modification

: Mortgage Lender Implode-o-Meter

Housing Finance Changes Likely to Mean Less Government Backing for Some Buyers

By Implode-Explode Heavy Industries

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"... "You have to make sure other people are coming" into the market as the government exits, said an administration official. "You don't want to leave a hole in the market where credit-worthy borrowers can't get any credit. The government is guaranteeing 95 percent of the market. It's not like it's just going to stop tomorrow.""

Full post as published by Mortgage Lender Implode-o-Meter on February 05, 2011 (boomark / email).

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