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Loan Modification
: Mortgage Lender Implode-o-MeterRetail Sales and Mortgage Defaults, Oh My!
By Implode-Explode Heavy Industries
A few weeks ago I pondered out loud if millions of troubled homeowners, without the burden of a monthly mortgage payment, were instead spending their money on other things ? and if that might explain at least some of the recent strength in consumer spending.
Wow, did that ever open a can of worms.
Full post as published by Mortgage Lender Implode-o-Meter on April 19, 2010 (boomark / email).
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