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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosures Spread Far Beyond Bubble Hot Spots

By Implode-Explode Heavy Industries

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"Foreclosures today aren?t heavily dominated by investors that walked away from properties when values started to plunge. And they?re not the unfortunate folks who signed up for an adjustable rate mortgage they could no longer afford the first time their payments reset. Today?s foreclosure rates are ambulance chasers tailing the sirens of unemployment."

Full post as published by Mortgage Lender Implode-o-Meter on March 04, 2011 (boomark / email).

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