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Loan Modification

: Mortgage Lender Implode-o-Meter

Govt rewarded bank auditors with big bonuses

By Implode-Explode Heavy Industries

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"As banks gambled on the risky mortgages that helped create the worst financial crisis in generations, the U.S. government handed out millions of dollars in bonuses to regulators at agencies that missed or ignored warning signs that the system was on the verge of a meltdown."

Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).

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