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: Mortgage Lender Implode-o-Meter

Businesses Can?t Get A Loan For Love Or Money

By Implode-Explode Heavy Industries

"In some respects, this is a good thing for the residential and commercial markets. L has often told me that the homebuilders back in the '80s kept on building until the banks took away their nails- even when the recession meant there was a glut of properties on the market. Given the glut of both residential and commercial properties out there, a slowdown would be a good thing. That said, there are still worthwhile business projects out there that won't be happening due to a lack of cash."

Full post as published by Mortgage Lender Implode-o-Meter on February 23, 2010 (boomark / email).