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Investors Stand Behind H4H Despite Mandatory Principal Reduction
The MBS investor community has mostly come to grips with the unsavory prospect of taking writedowns on their holdings, and an increasing number think the orderly process envisioned by the FHA HOPE for Homeowners program may be the best option. “Institutional investors absolutely want the HOPE for Homeowners program to work,” said Tom Deutsch, deputy executive director of the...
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