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Loan Modification

: Mortgage Lender Implode-o-Meter

Second Housing Crisis? Another $1T in Mortgages Backed by Taxpayers

By Implode-Explode Heavy Industries

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"With little fanfare, the U.S. government has rapidly become the nation?s top backer of mortgages that require little or no money down, with taxpayer guarantees on them surpassing $1 trillion earlier this year, a FOX Business analysis shows. "

Full post as published by Mortgage Lender Implode-o-Meter on July 27, 2010 (boomark / email).

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