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Loan Modification

: Mortgage Lender Implode-o-Meter

3 Underground Real Estate Practices Moving the Market ? Short Sale Fraud, Squatter Stimulus, and Buying Before Foreclosing.

By Implode-Explode Heavy Industries

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"The irony of this bubble is the industry that created the housing mess (i.e., mortgage brokers, agents, appraisers, banks, and Wall Street) are now on the other end offering loan modifications and assistance on foreclosures. Without any actual financial reform, those that perpetrated the crime actually have firsthand knowledge on what went wrong and are now working the other end of the con. "

Full post as published by Mortgage Lender Implode-o-Meter on March 22, 2010 (boomark / email).

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