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Loan Modification

: Mortgage Lender Implode-o-Meter

Prices drop, but hopes never do

By Implode-Explode Heavy Industries

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"Wildly optimistic beliefs about house price appreciation encourage unwise purchases and help justify mistaken policies that prod Americans to bet borrowed money on housing."

Full post as published by Mortgage Lender Implode-o-Meter on August 26, 2010 (boomark / email).

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