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Mortgage Investors Say Big Banks Need to Modify Second Mortgages

Friday, April 23, 2010

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In response to the notable first quarter profits recently reported by Bank of America, Citigroup, JPMorgan Chase & Co., and Wells Fargo, the Association of Mortgage Investors (AMI) released a statement saying these four banks need to stop shifting their mortgage losses to private investors and confront their conflicts of interest. The association said the […]

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