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Loan Modification

: Mortgage Lender Implode-o-Meter

Fraud Caused the 1930s Depression and the Current Financial Crisis

By Implode-Explode Heavy Industries

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"Shiller said the danger of foreclosuregate -- the scandal in which it has come to light that the biggest banks have routinely mishandled homeownership documents, putting the legality of foreclosures and related sales in doubt -- is a replay of the 1930s, when Americans lost faith that institutions such as business and government were dealing fairly"

Full post as published by Mortgage Lender Implode-o-Meter on October 31, 2010 (boomark / email).

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