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Loan Modification

: Mortgage Lender Implode-o-Meter

Our present quagmire points to federal government's failures in housing, finance

By Implode-Explode Heavy Industries

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" The thought of even more artificially low interest rates intended to validate current housing price levels, to the benefit of mortgage owners, smacks of robbing Peter, age 20, to pay Paul, aka ourselves. What of today's teenagers who may deserve the chance to buy a quality home in a nice neighborhood at an affordable price? Not, I dare say, unlike their grandparents. Looking at many teenagers, "deserve" may be a misuse of words, but so be it."

Full post as published by Mortgage Lender Implode-o-Meter on March 22, 2010 (boomark / email).

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