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Loan Modification

: Mortgage Lender Implode-o-Meter

Setback for mortgage investors in appeals court

By Implode-Explode Heavy Industries

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"Making it harder for investors to recover on claims tied to the housing crisis, a federal appeals court gave bankruptcy judges broad discretion to value agreements to buy back mortgages after markets seize up."

Full post as published by Mortgage Lender Implode-o-Meter on February 17, 2011 (boomark / email).

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