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Loan Modification

: Mortgage Lender Implode-o-Meter

FICO vs Strategic Default ? extra-Contractual or just plain extra-Constitutional?

By Implode-Explode Heavy Industries

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"Moral hazard is completely misplaced terminology in this context. Y'all are right: mortgages are a contract with consequences for nonperformance built in."

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

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