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Loan Modification

: Mortgage Lender Implode-o-Meter

China Cenbank Thought to have Pulled the Plug on Agencies

By Implode-Explode Heavy Industries

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"The actual drop was probably less because of the methodology the Fed uses, Crandall said. The calculation is based on the original face amount of the securities and ignores any repayments from refinancing or home sales. Either of those actions would reduce the size of actual holdings."

Full post as published by Mortgage Lender Implode-o-Meter on September 28, 2010 (boomark / email).

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