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Loan Modification

: Mortgage Lender Implode-o-Meter

Easy money reflating house prices

By Implode-Explode Heavy Industries

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``Bulls would point to an improvement in the so-called ?second derivative,? a decline in the rate of decline. From March to April prices dropped only 0.6%, far better than the 2%+ declines each of the prior six months. Bears would argue that the data showed a similar increase a year ago, and then promptly turned back down.''

Full post as published by Mortgage Lender Implode-o-Meter on June 30, 2009 (boomark / email).

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