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» MBA Circles the Wagons, Holds out for a ‘Guarantor-Based’ System for MBS Issuance
MBA Circles the Wagons, Holds out for a ‘Guarantor-Based’ System for MBS Issuance
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Even though the chances of housing-finance reform passing this year are growing dim, it hasn’t stopped the mortgage industry from promoting a model where a “guarantor-based” system eventually emerges.