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Loan Modification

: Mortgage Lender Implode-o-Meter

Home purchase loan demand at lowest since 1997

By Implode-Explode Heavy Industries

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"A continued drop in demand for purchase loans, a tentative early indicator of home sales, would not bode well for the hard-hit U.S. housing market, which remains highly vulnerable to setbacks and heavily reliant on government intervention."

Full post as published by Mortgage Lender Implode-o-Meter on February 24, 2010 (boomark / email).

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