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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Bonds Rise to `Insane' Highs as Refinancing Drops: Credit Markets

By Implode-Explode Heavy Industries

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"?It?s gotten insane,? said Scott Simon, the head of mortgage-backed securities at Newport Beach, California-based Pacific Investment Management Co., manager of the world?s biggest bond fund. ?This is rarefied air.?"

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

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