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Loan Modification

: Mortgage Lender Implode-o-Meter

Housing never really improved ? 10 charts showing the United States housing market is entering the second wave of problems

By Implode-Explode Heavy Industries

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This is a pretty devastating set of charts and arguments that forms a formidable response to the FHA's recent assertion that the market is "stabilizing". All we have seen is basically a pause in the decline of prices thanks to the government throwing trillions at the problem. Not much bang for the buck... and not sustainable.

Full post as published by Mortgage Lender Implode-o-Meter on May 13, 2010 (boomark / email).

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