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Loan Modification
: Mortgage Lender Implode-o-MeterBernanke is "Unusually Uncertain" - Is that an Improvement?
By Implode-Explode Heavy Industries
Bernanke was pretty certain there would not be a recession, that housing was not in a bubble, that the unemployment rate would peak at 8.5%, that paying interest on reserves would enable the Fed to hold short-term rates above 2%.
Bernanke was wrong on every count. At least now he admits he is guessing.
Full post as published by Mortgage Lender Implode-o-Meter on July 22, 2010 (boomark / email).
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