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Loan Modification

: Mortgage Lender Implode-o-Meter

TARP Panel Finds Fault With GMAC Bailouts

By Implode-Explode Heavy Industries

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"A Congressional panel, in a report to be released Thursday, questioned the need for the Treasury Department?s $17.2 billion bailout of GMAC as the company dealt with the collapsing mortgage market in 2008 and 2009."

Full post as published by Mortgage Lender Implode-o-Meter on March 11, 2010 (boomark / email).

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