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Loan Modification

: Mortgage Lender Implode-o-Meter

Obama?s Mortgage Modifications to Fail, Amherst?s Goodman Says

By Implode-Explode Heavy Industries

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"The U.S. loan modification program is ?destined to fail? because it doesn?t confront the real problem of negative home equity that is driving foreclosures, Amherst Securities Group LP?s Laurie Goodman told Congress."

Full post as published by Mortgage Lender Implode-o-Meter on December 08, 2009 (boomark / email).

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