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Home » Store » News » Moody’s Allows RFC to Modify Loans Beyond Typical Limit Without Downgrading the MBS

Moody’s Allows RFC to Modify Loans Beyond Typical Limit Without Downgrading the MBS

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In what could set a precedent for increased loan modifications, Moody’s Investors Service this week allowed subprime MBS issued by Residential Funding Company to be modified beyond the limits of the MBS’ pooling and servicing agreement. While MBS PSAs vary...
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