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Loan Modification

: Mortgage Lender Implode-o-Meter

America's recovery: Off-target and insufficient

By Implode-Explode Heavy Industries

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" When the Fed's Open Market Committee meets Tuesday, its economists will doubtless produce reams of data and theory aiming to explain why GDP growth is fading fast. But there is a very simple - and disturbing - reason why the recovery is sputtering out: The damage we did to our economy during the housing bubble and subprime crisis was far too severe to be fixed by the weak and superficial steps our government has taken in response.

Full post as published by Mortgage Lender Implode-o-Meter on August 08, 2010 (boomark / email).

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