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Another Loan Modifcation That doesn’t sound like $75 billion well-spent. While that line of reasoning is appears sensible, there is another side to the argument. The government’s insistence on mortgage modification and.

Since 1996, I have worked at a number of mortgage companies. Most recently, I served as a primary of Alliance Financing Mortgage Corporation (2000 – 2009) and as Branch Manager of 1st Advantage Mortgage (2010 – 2011). I accepted my current position as Division President of Diamond Residential Mortgage, Libertyville for three reasons: 1.)

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This category includes mortgage loans held-for-sale. By selling residential mortgage loans into the secondary market, the Company eliminates the interest-rate risk associated with these loans, as they are predominantly long-term fixed rate loans, and provides a source of non-interest revenue.

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