Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

Loan Modification

: Mortgage Lender Implode-o-Meter

Do Brokers Have Better Pull-Through Then Retail Originators? USDA Update; Home Prices; Lender Bulletins

By Implode-Explode Heavy Industries

""Eleven indicted Somali pirates dropped a bombshell in a U.S. court early this morning, revealing that their entire piracy operation is a subsidiary of Goldman Sachs. The pirates explained that the pirates forcibly attacked ships that Goldman had already shorted, and had merged their operations with Goldman in late 2008 to take advantage of the more relaxed regulations governing bankers as opposed to pirates, 'plus to get our share of the bailout money.' In the aftermath of the shocking revelations, government prosecutors were scrambling to see if they still had a case against the Somali pirates, who would now be treated as bankers in the eyes of the law.""

Full post as published by Mortgage Lender Implode-o-Meter on April 29, 2010 (boomark / email).