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Loan Modification

: Mortgage Lender Implode-o-Meter

Bank Failures in Slow Motion

By Implode-Explode Heavy Industries

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``... the question is, Why haven't there been more bank failures? In 2008, there were 25 failures, last year there were 140, and so far this year 129 have been seized on Friday nights. The greatest real-estate bubble in history has popped ? first residential and now commercial ? and we only have 294 failures?''

Full post as published by Mortgage Lender Implode-o-Meter on October 30, 2010 (boomark / email).

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