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Volume 2 - Number 14

July 2, 2009

Investors for H4H; Seconds are ‘Major Challenge’

Mortgage securities investors stand staunchly behind HOPE for Homeowners and have come to accept its principal writedowns, an industry official said. That is a major shift in secondary market thinking, but persuading servicers to release subordinate liens and other hurdles still stand in the way of the program’s success. Speaking on an audio conference last week hosted by...

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