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Loan Modification
: Mortgage Lender Implode-o-MeterGeithner faces sluggish market, rents out NY home
By Implode-Explode Heavy Industries
The real estate market's troubles are hitting close to home for Treasury Secretary Timothy Geithner.
After reducing the price on his house in a tony New York City suburb to less than he paid for it, Geithner still couldn't sell and recently rented it out instead, according to real estate agents familiar with the deal.
Full post as published by Mortgage Lender Implode-o-Meter on June 03, 2009 (boomark / email).
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