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Loan Modification

: Mortgage Lender Implode-o-Meter

The Stealth Deterioration in Asset Quality

By Implode-Explode Heavy Industries

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" While the world?s attention was focussed on the dollar, inflation, and the possibility of resurgent inflation, signs of deflation crept back into asset markets. Some vintages of subprime AAA?s, a barometer of sorts of household health, are trading at all time lows of less than a quarter on the dollar."

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2009 (boomark / email).

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