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Loan Modification

: Mortgage Lender Implode-o-Meter

Portuguese President Prepares To Accept Jose Socrates' Resignation; Government Collapse Imminent

By Implode-Explode Heavy Industries

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``The political instability that would ensue from a collapse of the government, combined with market tensions that have pushed Portuguese ten-year bond yields to a euro-era high above 8%, seem likely to increase the pressure on Lisbon to seek a financial aid package from the European Financial Stability Facility and the International Monetary fund.''

Full post as published by Mortgage Lender Implode-o-Meter on March 23, 2011 (boomark / email).

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