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Issue of May 26, 2008 |     |
Lenders Look Twice At Second MortgagesBy Amy Wyeth If you’re an investor, now may not be the best time to hold a second mortgage or home equity loan. Industry Takes Stock of New Data Breach By Jeff Haynes A backup tape containing Social Security numbers and account information belonging to potentially thousands of customers and investors in People’s United Bank, a Connecticut institution with a large subsidiary presence in Massachusetts, has been lost. Mortgage Bankers Association Outlines New Rules for Brokers By Amy Wyeth The national Mortgage Bankers Association is seeking new rules governing mortgage brokers, but most of the changes the group seeks are in place already in the Bay State. |
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