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Loan Modification

: Mortgage Lender Implode-o-Meter

Geithner?s ?Mortgage Mods A Success? Claim Is Ludicrous

By Implode-Explode Heavy Industries

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" 66,000 loan mods has given millions of Americans more financial security? The most these programs have done is to slow the rate of decline in the housing market and create the illusion of a false bottom. Geithner's done no more for "rescuing" the housing market than Al Gore did for the internet."

Full post as published by Mortgage Lender Implode-o-Meter on February 08, 2010 (boomark / email).

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