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Loan Modification

: Mortgage Lender Implode-o-Meter

Fight Now Looms Over Fannie, Freddie

By Implode-Explode Heavy Industries

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"The revamp of the nation's financial infrastructure, which will be signed into law next week by President Barack Obama, didn't address the fate of the mortgage-finance giants that helped fuel the housing bubble and were taken over by the government in 2008. So far, the U.S. has spent $145 billion to keep the companies afloat."

Full post as published by Mortgage Lender Implode-o-Meter on July 17, 2010 (boomark / email).

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