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Looks like Flex data binding is not bidirectional

I have a AS3 class Loan that is being fetched from the server and the whole Loan class is marked as [Bindable]
Now in the Form I have a: <mx:TextInput text=”{currenLoan.loanAmount}” />
The problem is that user modifies the text in the textInput, it does not automatically update the variable that the control is bound to. I’m [...]