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Loan Modification

: Mortgage Lender Implode-o-Meter

Chicago Spire twists in wind as union funds pass on bailout loan

By Implode-Explode Heavy Industries

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``Worries about the prospects of the Spire in a moribund real estate market appear to have trumped their desire to help put union members back to work. The funds are no more eager than other real estate investors to risk money on a highly speculative project in the worst downturn in recent memory.''

Full post as published by Mortgage Lender Implode-o-Meter on December 21, 2009 (boomark / email).

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