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: Mortgage Lender Implode-o-Meter

My S&M Relationship With Citi and Morgan

By Implode-Explode Heavy Industries

"Finally, I understand why loan volume at major banks remains stillborn. Bankers only want to write loans on their own draconian terms. Years after flooding the market with toxic securitized sub prime mortgage paper (in the trillions) that nearly plunged the country into Great Depression Part II, reserve city institutions got religion."

Full post as published by Mortgage Lender Implode-o-Meter on February 24, 2011 (boomark / email).