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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Rates at Record Lows Cheat Borrowers: Chart of the Day

By Implode-Explode Heavy Industries

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?Basic economics says that industry consolidation leads to higher prices for consumers,? Chris Flanagan and Vikram Rao, the New York-based analysts whose bank is among those five, wrote in a June 25 report. ?In this case, this means there is less competitive pressure for lenders to lower mortgage rates.?

Full post as published by Mortgage Lender Implode-o-Meter on June 29, 2010 (boomark / email).

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