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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Sep. 14: GNMA’s approval of FHLB Chicago; letters on LO comp and Fannie & Freddie; foreign humor

Times flies when you’re having fun. It was 5-years ago (9/14/08) that the US government declined to rescue 158-yr. old Lehman Brothers. It filed for Chapter 11 bankruptcy protection the following day, the largest bankruptcy in US history. If you think your company is too big to go out of business, at the time of…

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