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Loan Modification

: Mortgage Lender Implode-o-Meter

Extending banks? reach

By Implode-Explode Heavy Industries

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""A lot of subprime and predatory lenders had entered markets where there wasn't a lot of competition from banks, and there was a vacuum" when those lenders left, said EHOC's assistant director, Mira Tanna, describing the inability of people who contacted the group to get mortgages and other loans from banks."

Full post as published by Mortgage Lender Implode-o-Meter on January 23, 2011 (boomark / email).

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