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GSE's Considering Mortgage Write-Downs

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  • Dada | | 24 Mar 2012, 08:51 AM Agree 0
    If such a deal is struck it should involve reductions based on value, not mortgage performance. It should be avaiable to everyone, not just those who don't pay. People will purposefully become delinquent to get the balance lowered, just as many have to get a mortgage modification.
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