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Loan Modification

: Mortgage Lender Implode-o-Meter

Ignoring the Elephant in the Bailout

By Implode-Explode Heavy Industries

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"?I don?t understand why people are not talking about it,? said Dean Baker, co-director of the Center for Economic and Policy Research in Washington, referring to Freddie?s losses. ?It seems to me the most fundamental question is, have they on an ongoing basis been paying too much for loans even since they went into conservatorship??"

Full post as published by Mortgage Lender Implode-o-Meter on May 10, 2010 (boomark / email).

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