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Loan Modification

: Mortgage Lender Implode-o-Meter

How did a Relatively Small Number of Subprime Loans Cause a Record Crisis?

By Implode-Explode Heavy Industries

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"Subprime loans were and are a serious problem, but there has been a destructive overemphasis on subprime loans as the core of the U.S. crisis. ?Liar's? loans are a far greater problem, and most problem subprime loans are actually liar's loans."

Full post as published by Mortgage Lender Implode-o-Meter on January 03, 2011 (boomark / email).

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