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Loan Modification
: Mortgage Lender Implode-o-MeterThe scraps off the table: Beggar thy neighbor
By Implode-Explode Heavy Industries
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" If in February 2010, after trillions have been spend and lost with much more on the same way (re: Fannie and Freddie), the reality is that lending in the private sector drops by and to record levels, while borrowing by the public sector reaches record highs, the conclusion seems obvious and truly compelling. But it's nothing to do with an upward swing, and it doesn't evoke a mental high."Full post as published by Mortgage Lender Implode-o-Meter on February 22, 2010 (boomark / email).
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