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March 12, 2014

Springleaf Strikes Deal to Sell $1 Billion of Loans Serviced by Penny Mac

By Paul Muolo

Springleaf is no longer making new real estate-backed loans, but it continues to shed legacy mortgages.

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Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

I wish we had another option, but we don’t.

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