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Loans being propelled into hedge funds

Washington’s effort to push banks out of the mortgage-servicing business is propelling the handling of customers’ loans into companies such as hedge funds and nonbank financial firms. http://online.wsj.com/news/articles/SB10001424052702304020104579429373221235860?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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