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Loan Modification

: Mortgage Lender Implode-o-Meter

Bank of America to Increase Foreclosure Rate by 600% in 2010

By Implode-Explode Heavy Industries

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"Lenders are trying to figure out how their massive Ponzi Scheme collapsed. They are relearning lending again because everything they thought they knew was wrong. When you get down to the heart of the matter, borrowers are carrying too much debt which is killing them financially and emotionally"

Full post as published by Mortgage Lender Implode-o-Meter on April 08, 2010 (boomark / email).

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