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Saturday, March 20, 2010, as of 07:56 AM EDT

PennyMac: Work is Slow, But Mods are Productive

American Banker  |  Wednesday, May 13, 2009

By Kate Berry

Bankers' reluctance to sell dicey mortgages at discounts — and take a capital hit — has meant business is slower than planned at the Calif. offices of PennyMac...

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