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Loan Modification

: Mortgage Lender Implode-o-Meter

Kondaur Slashes Staff, Cites Lack of Available NPLs

By Implode-Explode Heavy Industries

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"Kondaur Capital Corp., one of the better-known names in the nonperforming loan space, recently lopped off almost 40% of its staff, after complaining about a lack of available product to buy?which raises an obvious question: There aren't enough delinquent mortgages out there?"

Full post as published by Mortgage Lender Implode-o-Meter on February 25, 2011 (boomark / email).

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