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Loan Modification

: Mortgage Lender Implode-o-Meter

Citigroup, BofA, JPMorgan?s Idle Cash Drags on Profit

By Implode-Explode Heavy Industries

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" U.S. lenders, criticized for being too reckless in the past and too stingy in the present, have been sitting on as much as $1.29 trillion in cash, equal to a record 98 cents for every dollar of existing business loans."

Full post as published by Mortgage Lender Implode-o-Meter on February 16, 2010 (boomark / email).

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