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Loan Modification
: Mortgage Lender Implode-o-MeterHousing Price Bubble Deflating Faster Than Debt Bubble
By Implode-Explode Heavy Industries
Americans may not have equity any more, but they?ve still got plenty of mortgage debt
Even though the amount of home mortgage debt outstanding declined in 2008 for the first time since the Federal Reserve started keeping track in 1945, mortgage debt levels remain distressingly high.
Full post as published by Mortgage Lender Implode-o-Meter on May 28, 2009 (boomark / email).
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