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C-ship = Conservatorship. This is a step

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Steel Penny   Friday, 05/17/13 08:19:59 PM
Re: clearday post# 31974
Post # of 281307 
C-ship = Conservatorship. This is a step outside of bankruptcy and it is usually overseen by a Court. I'm not sure if this is the case with FNMA, because it is a GSE (Govt Sponsored Entity).

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