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Patrick Harden
IRS
has released Newcastle's (
NCT
) PLR on excess MSRs.
http://1.usa.gov/PeVQOT
NCT
will spinoff excess MSRs into new REIT.
9/13/12
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Michael Terry
:
The continued bifurcation of the mortgage process is amazing. MSRs are attractive and
I
would expect banks to be sellers. Thx for the updt
9/14/12
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