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Loan Modification

: Mortgage Lender Implode-o-Meter

Homebuilder Lennar Uses Federal Taxpayer Funds to Balance Its Books

By Implode-Explode Heavy Industries

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"Before the deluge, Lennar parlayed its profits ? and considerable political capital ? into securing the trust of San Francisco leaders, who have bestowed two major military base redevelopments on the corporation. But substantial evidence suggests that Lennar's finances, much like Treasure Island itself, are not exactly resting on bedrock."

Full post as published by Mortgage Lender Implode-o-Meter on July 07, 2010 (boomark / email).

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