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Loan Modification

: Mortgage Lender Implode-o-Meter

HAMP Back-End DTIs Are Getting Ridiculous

By Implode-Explode Heavy Industries

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``Note that front-end debt service (i.e., PITI, etc.) stays fixed at 31 percent (per program rules) while back-end debt service (i.e., all debt) has no upper bound, now at 64.1 percent.''

Full post as published by Mortgage Lender Implode-o-Meter on May 18, 2010 (boomark / email).

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