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Loan Modification

: Mortgage Lender Implode-o-Meter

free rent: $2.6 billion per month

By Implode-Explode Heavy Industries

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"Defaulters who continue to live in their homes are getting a ?subsidy? worth a collective $2.6 billion each month, according to data from LPS Applied Analytics and rent data from the Commerce Department."

Full post as published by Mortgage Lender Implode-o-Meter on November 01, 2010 (boomark / email).

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