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Loan Modification

: Mortgage Lender Implode-o-Meter

New underground economy; Key indicator: Avoidance of bank accounts

By Implode-Explode Heavy Industries

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" As an economy becomes richer and incomes rise, the normal expectation is that the proportion of the unbanked population falls and does not rise as is now happening in the United States."

Full post as published by Mortgage Lender Implode-o-Meter on February 19, 2010 (boomark / email).

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