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Loan Modification

: Mortgage Lender Implode-o-Meter

Banks Clueless on Foreclosure Mess Severity: Jonathan Weil

By Implode-Explode Heavy Industries

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"The biggest U.S. mortgage lenders and servicers say they?re putting the foreclosure mess behind them, and that it never was a major problem. The reality is these companies are so big and unmanageable, the people in charge of running them have no way to know if that is true."

Full post as published by Mortgage Lender Implode-o-Meter on October 21, 2010 (boomark / email).

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