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Loan Modification

: Mortgage Lender Implode-o-Meter

Crack of Doom: Basil III GSE Bear Trap

By Implode-Explode Heavy Industries

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"Basel III are probably about to empower Fannie & Freddie, in all their conservatorshipped glory, to take most of the world?s banks hostage. At that point OMB?s continuing denial of an explicit guaranty on Agency Debt enters the realm of bizarro fiction."

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

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