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Loan Modification

: Mortgage Lender Implode-o-Meter

Despite Extra Help, Weakest Bailed-Out Bank Is Still Among the Worst

By Implode-Explode Heavy Industries

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At the center of the ethics controversy enveloping Rep. Maxine Waters, a California Democrat, is OneUnited, the nation?s largest African-American-owned bank... The Investigative Reporting Workshop at American University points out that OneUnited was the weakest bank to receive bailout money [3] at the time of its rescue, though that part of the bailout was intended to help healthy banks.

Full post as published by Mortgage Lender Implode-o-Meter on August 09, 2010 (boomark / email).

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