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Loan Modification

: Mortgage Lender Implode-o-Meter

Former sub-prime lenders are back to profit off the mess they made. Seriously?

By Implode-Explode Heavy Industries

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``And here I keep hearing that the Obama plan was doing zillions of loan modifications for free. Who knew? So, maybe the whole private sector loan modification strategy isn?t such a bad thing after all. I guess it?s okay as long as the people doing it aren?t ?scammers?. See, because it?s the Countrywide and IndyMac guys? it?s okay. Are you starting to get it now?''

Full post as published by Mortgage Lender Implode-o-Meter on June 09, 2009 (boomark / email).

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