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Loan Modification

: Mortgage Lender Implode-o-Meter

Even the rich feeling the pinch of the real-estate bust

By Implode-Explode Heavy Industries

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"he most notable downsizing of the American home has been in its price. The luxury end usually escapes the worst of housing downturns, but not this time. For those seeking a reprieve from teardown mania, this is not a bad development. I refer to the trend whereby bungalows, Cape Cods and other assorted gracious homes are flattened and replaced by monster mansions. Perhaps the forces of sanity can regroup."

Full post as published by Mortgage Lender Implode-o-Meter on June 02, 2009 (boomark / email).

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