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Govt's in time to call it quits

Started by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
http://www.ft.com/cms/s/0/7456c7f6-9d8e-11df-a37c-00144feab49a.html Investors sitting on tens of billions of dollars of paper profits in mortgage trades have called it quits after notching up returns this year of about 6 per cent. There has been speculation among investors that the government might decide to offer homeowners a way to refinance mortgages and replace them with cheaper loans.
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