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MARCH 10, 2009

Mortgage bigwigs profit from their own mess-ups

It's nice to know former executives Countrywide, the giant lender that epitomized slippery lending during the housing run-up, are now making money on the back end buying up bad mortgages from the federal government.

The New York Times had the story.

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Housing market news is the focus of the (Un)Real Estate blog. It offers an inside look at the Florida housing market and real estate news, with a focus on Tampa Bay. Its goal? Simple: To help you keep a roof over your head without losing your shirt.

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