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Primary Mortgage Market’s Compliance Issues Loom for Secondary Market Conduits, Investors

April 12, 2002
Legal experts say the damaging consumer abuse lawsuits that have tainted the subprime mortgage market are increasingly becoming a concern for securities issuers and other secondary market participants as plaintiff attorneys press their manhunt for deep pockets. Speakers at this week’s National Secondary Market Conference, held in Chicago by the Mortgage Bankers Association of America, said the growing liability problems are also beginning to
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