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Re: renaudandco post# 175

Thursday, 04/21/2011 11:05:33 AM

Thursday, April 21, 2011 11:05:33 AM

Post# of 943
I suppose the easy answer is that they want a smooth transition. I am not a lawyer but a foreclosure may get messy (not just legal but also administrative) and GKK may also extract some value for playing ball: management fees, some properties, and assurances of payments under the Deutsche Bank mortgages bought for CDOs 2005 and 2006.
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