Thread: Countrywide
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  #57  
Old 08-23-2007, 02:03 PM
ahnuld ahnuld is offline
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Join Date: May 2005
Posts: 10,945
Default Re: Countrywide

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NY Times reporting CFC agreed to buy back loans from securitizations if they ever were modified, i.e servicer is forced to offer better terms/rate to keep borrower current. Never heard of this before, big potential liability.

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Could you link this article please? I searched but couldnt find it.
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