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Loan Modification

: Mortgage Lender Implode-o-Meter

Gov?t Has Spent Small Fraction of $50 Billion Pledged for Loan Mods

By Implode-Explode Heavy Industries

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"When the Obama administration launched its flagship foreclosure prevention program in early 2009, it pledged to spend up to $50 billion helping struggling homeowners. But the government has so far only spent a tiny fraction of that."

Full post as published by Mortgage Lender Implode-o-Meter on November 11, 2010 (boomark / email).

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