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August 20, 2009

Former regulator Lockhart heads to WL Ross (Reuters)

Filed under: Mortgage Info — nat @ 1:45 pm

James Lockhart, who earlier this month said he would resign as the U.S. regulator overseeing mortgage finance companies Fannie Mae and Freddie Mac , will become vice chairman of a distressed investment group at Invesco Ltd , the company said on Wednesday.

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