Mortgage Modification Plan Needs Changes, TCW Tells Treasury (Bloomberg)

May 11th, 2010 | by DebtFree.net |

March 19 (Bloomberg) — TCW Group Inc., the money manager overseeing more than $100 billion, has lobbied the Treasury Department to change the U.S. mortgage-modification plan to include better protections for bond investors and taxpayers, Chief Investment Officer Jeffrey Gundlach said.
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