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Loan Modification

: Mortgage Lender Implode-o-Meter

Dismantling the GSEs As Their Market Share Grows Even Larger

By Implode-Explode Heavy Industries

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``... the problem with pulling the plug on Fannie and Freddie is much more complicated than might imagined for two simple reasons: 30 months after being placed into conservatorships both are still overwhelmingly gigantic in size with $4.85 trillion of guarantees/holdings and their purchase market share?according to figures compiled by this newspaper?is now larger than it's ever been.''

Full post as published by Mortgage Lender Implode-o-Meter on February 11, 2011 (boomark / email).

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