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Loan Modification

: Mortgage Lender Implode-o-Meter

Location, Location, Location

By Implode-Explode Heavy Industries

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" The latest data on house prices shows increased stability in prices at the national level, which may signal the beginning of the end of declining house values. But the question of whether house prices have found a new equilibrium varies widely by location. And it is still necessary for the Obama administration to help ensure that homeowners are able to modify unsustainable loans to prevent foreclosures and avoid putting additional downward pressure on prices."

Full post as published by Mortgage Lender Implode-o-Meter on January 27, 2010 (boomark / email).

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