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Loan Modification

: Mortgage Lender Implode-o-Meter

What De-Leveraging?

By Implode-Explode Heavy Industries

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" The Fed published its latest Flow of Funds report today. One key takeaway: While total debt is growing more slowly, it is still growing. Since Q3 ?08 households have cut their debt (slightly), but the federal government is borrowing so rapidly, overall debt continues to expand."

Full post as published by Mortgage Lender Implode-o-Meter on June 11, 2009 (boomark / email).

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