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Loan Modification

: Mortgage Lender Implode-o-Meter

Because 105% LTV On Depreciating Property Wasn?t Good Enough for the US Taxpayer?

By Implode-Explode Heavy Industries

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"Hey everybody, bank shares are rallying world wide today. The banking problems are over and bubble times are hear again, courtesy of taxpayers world wide. Many problems and the results of those problems from 2007 are present right now! Ridiculous loans, moral hazard, frail counterparties, liquidity traps, risk concentration, ralliying stock prices... Will we ever learn???"

Full post as published by Mortgage Lender Implode-o-Meter on September 13, 2010 (boomark / email).

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