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Loan Modification

: Mortgage Lender Implode-o-Meter

In Stunning Decision, EU Orders Germany To Start Onboarding "Bad Debt" To Sovereign Balance Sheet: RBS, Fannie, Freddie Next?

By Implode-Explode Heavy Industries

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``erman Die Zeit reports that, in a stunning move, the EU has ordered Germany to count the holdings of WestLB and Hypo Real Estate (the latter of which failed the stress farce from last month which nobody cares about or remembers anymore) as government debt!''

Full post as published by Mortgage Lender Implode-o-Meter on August 11, 2010 (boomark / email).

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