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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosure Crisis Spreads Across U.S. as Idaho Defaults Mount

By Implode-Explode Heavy Industries

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"Home foreclosures are climbing in the Northwest and Midwest, areas that had earlier dodged the worst of the mortgage crisis, according to real estate data firm RealtyTrac Inc. With 14.6 million Americans out of work and consumer spending declining, further weakness in housing could push the economy back into recession, former Federal Reserve Chairman Alan Greenspan said Aug. 1"

Full post as published by Mortgage Lender Implode-o-Meter on August 12, 2010 (boomark / email).

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