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Colombia's Fannie Mae snaps up pool for third RMBS

Edging towards its third issue of RMBS, Colombia's quasi-Fannie Mae has closed the purchase of one of three loan pools to back the deal. The country's leading mortgage bank, Granahorrar, has sold Titularizadora Colombiana a Ps300 billion (US$106 million) portfolio. Due diligence is underway to cull the tiny number...

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