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Associated risk

Sep 04, 2013By

It doesn’t exactly send a terrible shiver down the spine in the same way as, say, IRS might. By comparison, HOA bears a somewhat comfortable ring — standing of course for homeowners’ association. Yet for RMBS investors, the man from the HOA can has as chilling an effect as the dreaded taxman.

3d rendering of a row of luxury townhouses along a street

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