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Loan Modification

: Mortgage Lender Implode-o-Meter

Banker: 'What'd I Do Wrong, Officer?' Cop: 'You've Got Algae in the Pool, Sir'

By Implode-Explode Heavy Industries

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``... faraway banks have become the de facto landlords of Indio, and people here say the absentee lenders are letting the whole valley fall apart. Houses "look like dust bowls," says Gene Gilbert, the mayor pro tem, who thinks a glut of run-down homes may depress his hometown's local market long after the recession ends.''

Full post as published by Mortgage Lender Implode-o-Meter on May 02, 2009 (boomark / email).

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