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Loan Modification

: Mortgage Lender Implode-o-Meter

?Lending Falls at Epic Pace?

By Implode-Explode Heavy Industries

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"While top-tier banks are recovering at a faster clip, the rest of the industry is still suffering, according to a quarterly report from the Federal Deposit Insurance Corp. Banks fighting for survival, especially those plagued by losses on commercial real estate, are less willing to extend loans, siphoning credit from businesses and consumers."

Full post as published by Mortgage Lender Implode-o-Meter on February 24, 2010 (boomark / email).

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