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Loan Modification

: Mortgage Lender Implode-o-Meter

Banks to Shift From `Extend and Pretend' in Real Estate Loans, Survey Say

By Implode-Explode Heavy Industries

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"Commercial real estate executives have lowered their return expectations as they enter ?an era of less,? according to the 74-page report. Stagnant wages and high unemployment have led landlords and their lenders to focus on current yield rather than expecting prices to rise, PricewaterhouseCoopers said."

Full post as published by Mortgage Lender Implode-o-Meter on October 13, 2010 (boomark / email).

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