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Loan Modification

: Mortgage Lender Implode-o-Meter

Hank Paulson: Blame Crisis on FHA/GSEs

By Implode-Explode Heavy Industries

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``Perhaps the former US Treasury Secretary can explain how the world had a global housing boom and bust ? countries not covered by the FHA or GSEs. How did THAT happen? Indeed, the boom and bust in the US was smaller than that of many other nations. And the FHA/GSE role in that? Perhaps the former Treasury Secretary can explain the root causes of that.''

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

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