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Loan Modification

: Mortgage Lender Implode-o-Meter

North Carolina?s Smith Withdraws Bid to Oversee Fannie, Freddie

By Implode-Explode Heavy Industries

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"White House officials released a statement today saying that while Smith was ?highly qualified? to oversee the two government-controlled mortgage companies, ?Unfortunately, there is not a clear path to confirmation for his nomination at this point in time and Mr. Smith has asked not to be renominated.?"

Full post as published by Mortgage Lender Implode-o-Meter on January 28, 2011 (boomark / email).

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