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Loan Modification
: Mortgage Lender Implode-o-MeterAmerica?s debt burden starts to shrink
By Implode-Explode Heavy Industries
Last week, when I published data showing that U.S. households were beginning to reduce their debt burden, I commented that the government is more than offsetting this with increased federal and state borrowing. I was wrong.
The Flow of Funds report often revises historical data. The latest revisions show a slightly improving picture.
Full post as published by Mortgage Lender Implode-o-Meter on December 14, 2009 (boomark / email).
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